Uber just made the kind of acquisition that redefines an industry. The ride-hailing and delivery giant announced a voluntary takeover bid for Germany-based Delivery Hero SE, valuing the company at $14.8 billion in an all-cash deal priced at €41.50 per share.
The combined entity would operate across 99 markets globally, with pro-forma gross bookings projected to hit $236 billion.
What the deal looks like under the hood
Uber already held roughly 24.77% of voting shares, plus additional derivatives that brought its total economic interest to approximately 53% after an agreement with Prosus, which owns 17% of Delivery Hero and has committed to tender its shares.
The offer represents a premium of about 34% over the three-month volume-weighted average price before the announcement, and roughly 127% above the undisturbed share price before acquisition rumors started circulating in May.
