Delivery Hero rises after Uber launches takeover offer

Delivery Hero SE

16/07/2026 07:46

** Germany's Delivery Hero DHER.DE is up 2.5% in early Frankfurt trade after Uber UBER.N launched a $14.8 billion takeover offer 
** Uber will pay €41.5 ($47.6) per co share, valuing the German food delivery company at around $14.8 billion
** The offer represents a roughly 34% premium on Delivery Hero's three-month volume-weighted average share price prior to the takeover announcement
** Co's major shareholder Prosus PRX.AS has agreed to sell its stake of just under 17%, Uber said
** Delivery Hero's stock gained around 67% YTD as of Wednesday's close


($1 = 0.8720 euros)

 (Reporting by Emanuele Berro)
 ((emanuele.berro@thomsonreuters.com))