Uber publishes offer document for Delivery Hero takeover bid at EUR 41.5 a share
UBER•Offer document published
Uber published an offer document for a cash bid for Delivery Hero shares it does not already own.
- Offer price set at EUR 41.5 per share. Acceptance period runs until Nov. 5.
- Uber previously held about 24.77% of Delivery Hero. Equity derivatives add about 11.74% economic exposure.
- Prosus committed to tender 51,116,174 shares, lifting Uber’s total economic interest to about 53%.
- Closing requires at least 50% plus one share. Cash settlement is expected in the second half of 2027.
