Overview
- The voluntary all‑cash offer values Delivery Hero at about $14.8 billion and was announced Thursday with both companies' boards recommending the transaction.
- Uber will pay €41.50 per share, a roughly 34% premium to Delivery Hero’s three‑month average price, and major shareholder Prosus has committed to tender its near‑17% stake.
- To address overlap in markets where both firms operate, Delivery Hero will sell businesses in 14 markets to U.S. buyer SSW Partners for about €1.4–1.6 billion.
- Completion requires a minimum 50% plus one share acceptance from shareholders and multi‑jurisdictional antitrust clearances with closing targeted in the second half of 2027.
- Uber has pledged to keep Delivery Hero’s Berlin headquarters, protect local jobs through at least 2029 and invest about $2.3 billion in Germany, but regulators, the divestiture’s effectiveness and brand and courier integration remain key risks.