Uber has formally launched its takeover offer for Delivery Hero SE, following regulatory approval in Germany. This move solidifies Uber's expansion strategy, significantly increasing its global reach and market share in both mobility and delivery services, with a substantial premium offered to Delivery Hero shareholders.
Uber has formally launched its takeover offer for Delivery Hero SE, with an offer price of 41.50 euros per share, representing a substantial premium of over 100% to Delivery Hero's unaffected closing price. This acquisition is a major strategic move for Uber, aiming to significantly expand its global footprint, particularly in delivery services, and increase the number of markets where it offers both mobility and delivery. The deal is expected to create a combined entity operating across 99 markets with pro forma gross bookings of $236 billion in 2025. For Uber, this represents a long-term opportunity for growth and market dominance, while Delivery Hero shareholders stand to benefit from the significant cash premium. The main risks involve regulatory approvals and the integration process, with settlement and payment not expected until the second half of 2027.