Delivery Hero announced that it received a takeover bid from Uber, which values the company at €33 ($38.29) per share, reflecting a 1.76% discount from its last closing price. This offer comes after Uber increased its stake in Delivery Hero to approximately 19.5%, making it the largest shareholder with a stake worth around €1.7 billion.
Following pressure from major shareholders for a strategic review, Delivery Hero's CEO Niklas Oestberg announced his resignation. The company is currently focused on its strategic review process and has not provided further details regarding Uber's offer.
Meanwhile, Uber's shares experienced a 1.6% decline following reports of the potential acquisition, indicating market sensitivity to such corporate maneuvers