Overview
This $14.8 billion deal could reshape the competitive landscape in the global food delivery industry, impacting the shares of both publicly traded companies.
Updated 11:08 PM
Medium confidence07/16, 12:53 AM
Uber is nearing a €12.5 billion deal to acquire Delivery Hero, with an announcement expected as early as Thursday; Delivery Hero will sell its Turkish unit Yemeksepeti and several European businesses to an investment firm.
FirstSquawk
07/16, 12:53 AM
Related updates
WSJ·07/15, 01:09 AM
High impactUber and Delivery Hero are in advanced takeover talks, with no comment on the offer price.
Reuters·07/16, 11:00 PM
Uber launched a $14.8 billion takeover bid for German food delivery firm Delivery Hero, which would create the largest food-delivery group outside China.
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