Uber's Takeover Bid for Delivery Hero SE

On July 16, 2026, Uber International Technologies II Corporation announced its intention to acquire Delivery Hero SE. This move involves a voluntary public takeover offer, with Uber offering €41.50 per share. Uber's subsidiary, SMB Holding, already holds 24.99% of Delivery Hero's shares and has engaged in swaps covering an additional 11.84%.

MIH Food Delivery Holdings B.V. has committed to accept the offer for its 16.8% stake in Delivery Hero. The bid aims to surpass a 50% threshold, excluding treasury shares, and awaits regulatory approval. Detailed terms will appear in the offer document after approval by the German financial authority. Investors in affected regions are advised to review all documentation carefully, as the offer primarily adheres to German and U.S. legal frameworks.