Uber Buys Delivery Hero

BerlinUber’s bid values Delivery Hero at $14.8 billion.

Delivery Hero, headquartered in Germany, backed the offer after Uber built a 53% stake; a 14-market divestiture aims to ease antitrust review.

Regulators must clear the merger before it closes in the second half of 2027.

Sources: www.Bluewin.ch, Aol, Hindustan Times