Uber Technologies, Inc. launched a voluntary public takeover offer for Delivery Hero SE following approval from Germany's BaFin. The cash offer is priced at €41.50 per share. This represents a 108% premium over the unaffected closing price on May 8, 2026. The acceptance period runs from August 27, 2026, to November 5, 2026. Settlement is expected in the second half of 2027.
The acquisition would increase Uber's dual mobility and delivery presence from 34 to 58 markets. Uber already holds a significant economic interest in Delivery Hero. The deal remains subject to a minimum acceptance threshold and regulatory clearances. Delivery Hero’s Management and Supervisory Boards are expected to support the offer.