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25-Year-Old Man Dies From Electric Shock in BilasuvarWhy is Nexi stock rallying today?Mobile livestock slaughter points in liberated territoriesHedge Funds Boost Tech Positions Near Record HighsAfran Ismayilov Leaves Araz-NakhchivanADB to provide $5 billion to BangladeshFamous doctor Mammad Mammadov dies in NakhchivanUber eyes higher Delivery Hero bidMarriott SWOT Analysis: Stock Holds SteadyAzerbaijani Consul General's Body Returned from Tabriz25-Year-Old Man Dies From Electric Shock in BilasuvarWhy is Nexi stock rallying today?Mobile livestock slaughter points in liberated territoriesHedge Funds Boost Tech Positions Near Record HighsAfran Ismayilov Leaves Araz-NakhchivanADB to provide $5 billion to BangladeshFamous doctor Mammad Mammadov dies in NakhchivanUber eyes higher Delivery Hero bidMarriott SWOT Analysis: Stock Holds SteadyAzerbaijani Consul General's Body Returned from Tabriz
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Delivery Hero shares hit 18-month high on Uber bid

Delivery Hero shares jumped to an 18-month high after Uber's indicative offer. Shareholders expect a higher bid above €40.

John Smith
ByJohn Smith- Senior Editor
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Delivery Hero shares hit 18-month high on Uber bid
Photo: Prepared by Bond.az

Bond.az reports Delivery Hero shares surged to an 18-month high on Monday. The German food delivery firm disclosed an indicative offer from Uber.

Shares rose 9.7% to €36.85, valuing the company at €11.2 billion. The Financial Times reports Uber may raise its bid.

Uber offered €38 per share to a major shareholder, which was rejected. Shareholders seek above €40 per share.

Uber and DoorDash held exploratory talks with Delivery Hero investors.

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Delivery Hero shares hit 18-month high on Uber bid | Bond.az