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Uber bids to buy Delivery Hero

Uber offers 33 euros per share to acquire Delivery Hero. Details on the takeover bid at Bond.az.

James Taylor
ByJames Taylor- Senior Editor
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German food delivery firm Delivery Hero confirmed it received a takeover offer from rival Uber at 33 euros per share.

The offer represents a 1.76% discount from Friday's closing price.

Last week, Delivery Hero said Uber increased its stake to 19.5%, becoming the largest shareholder.

CEO Niklas Oestberg announced his resignation. The company continues its strategic review.

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