Uber plans to pay €41.50 per share in cash to Delivery Hero shareholders. This values the German company at $14.8 billion.
With this deal, Uber’s mobility and delivery platform will reach 99 markets. Prosus has agreed to sell its shares.
Delivery Hero will sell its operations in 14 overlapping markets to SSW Partners, a New York firm, for about $1.6 billion. This move is meant to address expected EU antitrust issues.
Uber first offered about €10 billion for Delivery Hero two months ago. Today, the final deal has increased by nearly 50%. Berlin’s last big independent food delivery company is now owned by a US firm.
Uber is offering Delivery Hero shareholders €41.50 per share in cash, putting the company’s value at $14.8 billion, or $13.7 billion after considering Uber’s current stake. The offer increased quickly from Uber’s first approach in May 2026, which valued Delivery Hero at about €10 billion. By July 14, as talks progressed, the valuation reached €12.5 billion. The final offer is 8.7% higher than Delivery Hero’s last closing price, according to Investing.com.
