Uber in advanced talks on Delivery Hero takeover, Bloomberg News reports (updated)

Delivery Hero SE

14/07/2026 15:40

Adds more details from the report, shares
July 14 (Reuters) - Uber Technologies UBER.N is in advanced talks to acquire German food-delivery company Delivery Hero DHER.DE, Bloomberg News reported on Tuesday, citing people familiar with the matter.
The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, the report said.
A transaction would likely value Delivery Hero at well above its recent trading price of around €36 ($41.23) per share, according to Bloomberg.
Uber declined to comment on a Reuters request, while Delivery Hero did not respond immediately.
Shares of Delivery Hero rose more than 5% to €38.93, while Uber was down nearly 3%. 
The food-delivery company said in May it had received a €33 offer from Uber. Reuters had reported that the U.S. company had raised its stake in Delivery Hero to nearly 37% from 25% by acquiring shares from fellow shareholder Aspex Management.

     
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 (Reporting by Rashika Singh in Bengaluru; Editing by Vijay Kishore)
 ((Rashika.Singh@thomsonreuters.com;))