Delivery Hero (DHER) Confirms Uber's €33 Per Share Takeover Offer

Published on · Source: cnbc.com

Delivery Hero (DHER) Confirms Uber's €33 Per Share Takeover Offer

AI Summary

Summarized by AI from the source below

Delivery Hero (DHER) confirmed it received a takeover offer from Uber, valuing the company at €33 ($38.29) per share, approximately 1.76% lower than its last closing price. Uber has increased its stake in Delivery Hero to 19.5% of issued capital, valued at around €1.7 billion. Delivery Hero's CEO, Niklas Oestberg, is stepping down as the company conducts a strategic review, responding to pressures from significant shareholders. The market will watch for further developments regarding Uber's potential full acquisition of Delivery Hero.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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