Uber Delivery Hero deal: $14.8 billion tender offer at €41.50 a share

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.

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