Delivery Hero confirmed Saturday that it has received a formal takeover offer from Uber Technologies Inc. [1].
The potential acquisition would significantly expand Uber's global food-delivery footprint and strengthen its competitive position against rivals such as DoorDash [4].
Uber proposed a price of €33 per share, which is approximately $38.29 [1]. This offer represents a 1.76% discount to the company's last closing price [2].
The bid follows a period of increasing investment by the U.S. firm. Uber has already increased its stake in the Berlin-headquartered company to 19.5% [2]. Some reports suggest the holding is approximately one-fifth of the total shares [5].
While most reports focus on the per-share cash offer, some sources indicate the proposal includes a 5% stake in Aspex Management at €22 per share [3]. Other reports do not mention this additional component [1].
Delivery Hero is based in Germany, while Uber operates from the United States [1, 4]. The move is viewed as a strategic effort to reshape the worldwide delivery market [4, 5].
“Uber proposed a price of €33 per share”
This acquisition attempt signals a consolidation phase in the global quick-commerce and food-delivery sectors. By absorbing Delivery Hero, Uber would move beyond its primary markets to challenge DoorDash's dominance on a global scale, leveraging an existing significant minority stake to facilitate a full buyout.
