Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero
By Najat Kantouar
Uber Technologies agreed to acquire Germany's Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company's footprint in international markets.
The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.
Delivery Hero shares closed at 38.18 euros on Wednesday.
Write to Najat Kantouar at najat.kantouar@wsj.com
Corrections & Amplifications
This story was corrected at 0632 GMT. Uber Technologies agreed to acquire Delivery Hero in a deal that values the German food-delivery company at $14.8 billion. The earlier version incorrectly said the deal valued the German food-delivery company at 12.61 billion euros ($14.45 billion).
(END) Dow Jones Newswires
July 16, 2026 02:30 ET (06:30 GMT)
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