Uber weighing higher bid for Germany’s Delivery Hero: report
Uber is considering raising its bid for Delivery Hero after a major shareholder rejected its initial offer. The current offer values Delivery Hero at 33 euros per share, but shareholders are seeking a price above 40 euros. Uber's CEO recently met with Delivery Hero's supervisory board chair to discuss the potential acquisition.
- ▪Uber's board met to discuss raising its offer for Delivery Hero after a shareholder rebuffed the initial bid.
- ▪The current offer values Delivery Hero at more than 11.5 billion euros, or $13.39 billion.
- ▪Several Delivery Hero shareholders are looking for a price above 40 euros per share for the company.
Opening excerpt (first ~120 words) tap to expand
Business Uber weighing higher bid for Germany’s Delivery Hero: report By Reuters Published May 24, 2026, 7:29 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Uber’s board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber’s bid that would value the German food delivery group at more than 11.5 billion euros ($13.39 billion), the Financial Times reported on Sunday. The board held a meeting in which it discussed the status of its takeover bid, the FT report said, citing three people familiar with the matter. Delivery Hero confirmed on Saturday it had received a takeover offer from rival Uber, valuing the company at 33 euros per share.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
