Uber's €41.50/Share Delivery Hero Buyout Targets $1.2B Synergies
UBER is trading near its 52-week low of $67.19 (7.9% above the low).
Summary
Uber has finalized terms to acquire Delivery Hero for €41.50 per share in cash, valuing the deal at approximately $14.8 billion. The acquisition will combine food delivery operations across 99 countries, creating a pro-forma gross merchandise volume of $236 billion. Financing includes cash on hand and €14 billion in bridge facilities, with closing expected in the second half of 2027 pending regulatory approvals. Management projects $1.2 billion in run-rate cost synergies within 18 months and high-single-digit EPS accretion by year three. This follows Uber's earlier indicative approach at €33 per share and subsequent stake-building to 24.99%. The deal significantly expands Uber's delivery footprint and competitive position against rivals like Prosus, which had considered blocking the takeover. Q2 2026 earnings on August 5 will provide further color on integration plans and standalone performance.
At the time of this announcement, UBER was trading at $72.49 on NYSE in the Trade & Services sector, with a market capitalization of approximately $147.5B. The 52-week trading range was $67.19 to $101.99. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.