DHER.DE
DHER.DE
Why it is moving
Uber, a large-cap company, is pursuing expansion in food delivery through the acquisition of Delivery Hero, a major German firm. The news was reported by Reuters, though details have yet to be corroborated by other independent sources.
Updated 11:08 PM
Medium confidenceMain drivers
Uber announced a takeover bid for Delivery Hero, valuing the deal at $14.8 billion.
If successful, the deal would create the largest food-delivery group outside China.
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