Uber negotiating deal to buy Delivery Hero

According to a Reuters report, Uber is currently in final discussions to purchase the German food delivery business Delivery Hero, with hopes of finalizing a deal in the next seven days. The proposed buyout is set to value Delivery Hero at a price higher than its current market rate of approximately €36 per share. Back in May, Uber boosted its ownership in the company to 37% from 25% after acquiring additional shares from Aspex Management.

by shortkt.com
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Uber negotiating deal to buy Delivery Hero | ShortKT