Uber Furnishes Acquisition Offer for Delivery Hero at €41.50 Per Share

Summary

Uber Technologies, Inc. (Uber) entered into a Business Combination Agreement (BCA) on July 16, 2026, with Delivery Hero SE, via its subsidiary Uber International Technologies II Corporation, to make a voluntary public takeover offer for Delivery Hero shares. The offer is for €41.50 cash per Delivery Hero share, valuing the company at an Equity Value of $14.8 billion (via Ex. 99.1 press release). Delivery Hero's management and supervisory boards unanimously welcome and support the offer and intend to recommend shareholders tender their shares. - The transaction is expected to be accretive to Non-GAAP EPS upon close, with high-single-digit percentage accretion by year three. - Prosus has irrevocably committed to tender shares, bringing Uber's total economic interest to approximately 53%. - The acquisition expands Uber's platform to a total of 99 markets, with combined pro-forma Gross Bookings of $236 billion in 2025. - Delivery Hero has separately agreed to sell part of its business covering 14 markets to SSW Partners.

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Key Quote

“Inc. (the "Company" or "Uber") entered into a Business Combination Agreement (the "BCA"), by and among,.”

— From Item 1.01

Filing Details