US ride-hailing giant Uber has struck a 12.7-billion-euro ($14.6-billion) deal to take over German food delivery behemoth Delivery Hero, the latest consolidation in the industry, the companies said Thursday.

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…