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Uber Becomes Delivery Hero’s Largest Shareholder After Fresh Stake Increase

Option rights could give Uber a blocking stake without crossing Germany's 30% takeover threshold.

Overview

  • Delivery Hero said Uber increased its holding and now ranks as its largest shareholder after a further share purchase.
  • The company disclosed Uber holds options on another 5.6% of shares that could create a blocking minority on key votes, which in Germany can be achieved with a stake in the mid‑20s.
  • Uber stated in a regulatory notice it does not currently intend to lift its stake to 30%, the level that would trigger a mandatory takeover offer.
  • Delivery Hero’s stock rose about 5.6% after the update, and the company said the investment backs its Everyday‑app strategy.
  • The seller of the latest shares has not been identified in public reporting, and Prosus still faces a deadline to cut its holding below 10% by late summer.