
Uber has agreed to acquire German food delivery company Delivery Hero in a $14.8bn deal, creating a global food delivery giant. The acquisition will expand Uber's services to 58 markets, up from 34. Uber offered €41.50 per share and will pay $13.7bn net of its previous purchases of a quarter of Delivery Hero's shares. The deal highlights Uber's strategy to dominate the food delivery industry.
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Deal valued at $14.8bn; Uber pays $13.7bn net.
Uber offered €41.50 per share to Delivery Hero’s shareholders.
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Uber has reached an agreement to take over the German takeaway company Delivery Hero in a $14.8bn deal.
The GuardianUber will offer taxi services and food delivery in 58 markets after deal completes, up from 34
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Uber has reached an agreement to take over the German takeaway company Delivery Hero in a $14.8bn deal.
The GuardianThe deal will create a global food delivery giant and expand Uber's services from 34 to 58 markets.
The GuardianUber offered €41.50 per share to Delivery Hero’s shareholders.
The GuardianUber will pay $13.7bn after accounting for its previous purchases of a quarter of Delivery Hero’s shares.
The GuardianUber previously bought a quarter of Delivery Hero's shares, most recently in May.
The Guardian