Uber lands $14.8b deal to acquire Baemin parent company Delivery Hero
Uber agreed to acquire German food delivery company Delivery Hero for roughly $14.8 billion, the company said Thursday, a deal that would fold South Korea's Baemin and other major delivery platforms into Uber's global network.
Uber signed a merger agreement with Delivery Hero and will launch a voluntary tender offer, paying shareholders 41.50 euros ($52) per share in cash.
The offer values Delivery Hero at about $14.8 billion for the full company, or roughly $13.7 billion after accounting for Ub
Uber Launches $14.8B Bid for Delivery Hero
- Uber launches $14.8B takeover bid for Delivery Hero Seeking Alpha —
- Uber offers to buy Germany’s Delivery Hero for $15-billion The Globe and Mail —
- Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero Wall Street Journal —
- Uber Agrees to Buy Delivery Hero as Food Sector Consolidates Bloomberg —
- Uber nears €12.5 billion deal to buy Delivery Hero - FT RTE —