German food delivery group Delivery Hero said on July 16 it has agreed to be taken over by U.S. ride-hailing giant Uber in a 12.7-billion-euro ($14.6-billion) deal.

July 14 : Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the…

Uber is reportedly in advanced acquisition talks with Delivery Hero. An agreement could be reached as soon as this week. The deal would likely value Delivery Hero significantly…

Delivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an offer price.

By Kelly Cloonan and Najat Kantouar