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Market Impact: 0.6

Uber Announces Offer To Buy Delivery Hero For €41.50/Share In Cash

DELHY
UBER
M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook

Uber announced a merger deal with Delivery Hero and an acquisition offer of €41.50 per share in cash. The deal implies an equity value of about $14.8B (or $13.7B on an adjusted basis), a meaningful strategic transaction likely to re-rate Uber’s growth and competitive positioning.

Analysis

Uber announced a merger deal with Delivery Hero and an acquisition offer of €41.50 per share in cash. The deal implies an equity value of about $14.8B (or $13.7B on an adjusted basis), a meaningful strategic transaction likely to re-rate Uber’s growth and competitive positioning.

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Market Sentiment

Overall Sentiment

strongly positive

Sentiment Score

0.55

Ticker Sentiment

DELHY0.60
UBER0.60