Uber Launches $14.8 Billion Tender Offer For Delivery Hero
The €41.50-per-share cash bid is backed by a new €14 billion bridge loan, with Prosus pledging its 17% stake toward the deal.
- Uber already controls about 53 percent of Delivery Hero via Prosus's pledged 17 percent stake.
- Delivery Hero's Management and Supervisory Boards unanimously urge shareholders to tender at 41.50 euros.
- A 14 billion euro bridge loan funds the cash tender, closing expected in late 2027.
Why it matters: Two of the world's largest delivery platforms merging into one leaves diners and riders with fewer real alternatives.
Uber Technologies investor relations press release ↗ · Jul 16, 20267/16/26 · ✓ Checked✓ Check