Lieferdienst: Uber legt offizielles Übernahmeangebot für Delivery Hero vor – Mehrheit sicher

Uber has officially submitted a takeover bid for German food delivery service Delivery Hero, signaling consolidation efforts within the industry. Following approval from the financial watchdog Bafin, the company announced its formal bid on Thursday. The offer, which requires approval from Delivery Hero's board and supervisory board, promises to pay shareholders €41.50 per share in cash, valuing the company at up to €13 billion.

The deadline for acceptance runs from August 27th to November 5th. A bidding war is deemed impossible as Uber now holds around 53% of Delivery Hero's shares through its own stock and a binding commitment from the major shareholder Prosus. The merger would create the world's largest food delivery service outside China. To preempt concerns from competition authorities, Delivery Hero is selling off business units in 14 markets to the financial investor SSW Partners.

The sale stems from intense competition and growing shareholder frustration over Delivery Hero's lack of profitability. Delivery Hero's CEO Kristin Skogen Lund explained the move as necessary due to high competition and the importance of economies of scale. Despite the takeover, Delivery Hero's shares fell to €38.34, below the bid price.

The recent business performance, however, shows operational strength: the company has increased its forecast for the year, expecting a growth in gross sales value of nine to eleven percent. The transaction is expected to conclude in the second half of 2027, with the company to continue operating independently.