Delivery Hero gains on report Uber weighs higher offer

DoorDash

25/05/2026 07:37

** Shares in Delivery Hero DHER.DE rise 6% in early Frankfurt trade after the Financial Times reported on Sunday that Uber UBER.N is weighing a higher offer for the German food delivery group after a major shareholder rebuffed a bid valuing it at more than 11.5 billion euros  ($13.4 billion)

** The report said Uber approached one of Delivery Hero's largest shareholders with an offer of 38 euros per share in recent days but was rebuffed

** The report said several Delivery Hero shareholders were seeking a price above 40 euros per share for the whole company

** On Saturday, the FT said Uber UBER.N and DoorDash DASH.O held exploratory talks with investors in German food delivery group

** Delivery Hero is top performer on Germany's mid-cap index .MDAXI. The stock closed at 33.59 euros on Friday, scoring 10 straight sessions of gains

($1 = 0.8593 euros)

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))