Uber Technologies proposes to buy Delivery Hero SE for €33 per share, Delivery Hero says. The German online food delivery company discusses the offer as part of an ongoing takeover process. Delivery Hero rejects the €33-a-share ballpark figure, according to reporting cited by Business Standard and the Financial Times. That reporting also says some investors indicate they would seek a higher price than €40 per share. The proposed transaction would value Delivery Hero based on the stated offer price, but the company’s response suggests it views the level as insufficient. Bloomberg reports the €33 per share proposal as coming directly from Uber. Together, the sources indicate that Uber and Delivery Hero are engaged in a takeover negotiation framework, with Delivery Hero disputing the adequacy of the initial proposal and investor sentiment trending toward higher pricing. The situation remains fluid, with the next steps dependent on how Delivery Hero and potential shareholders respond to the offer level.
Uber proposes €33 per share takeover of Delivery Hero as talks continue
Uber Technologies proposes to buy Delivery Hero SE for €33 per share, Delivery Hero says. The German online food delivery company discusses the offer as part of an ongoing takeover process. Delivery H...
- Uber proposes a takeover of Delivery Hero at €33 per share.
- Delivery Hero says it receives or considers the €33 per share proposal.
- Delivery Hero rejects the €33 per share ballpark figure.
- Reporting cited by Business Standard and the Financial Times says some investors want more than €40 per share.
- The takeover discussions are ongoing and pricing is contested among the parties.
Delivery Hero rebuffed the €33 a share ballpark figure, the FT said, adding that several investors signaled they would seek a price above €40 a share
3 months agoUber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share, the German company said on Saturday.
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