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Market Impact: 0.55

Germany's Delivery Hero agrees 12.7-bn-euro takeover by Uber

DELHY
UBER
M&A & RestructuringCompany Fundamentals
Germany's Delivery Hero agrees 12.7-bn-euro takeover by Uber

Delivery Hero agreed to be acquired by Uber in a €12.7B ($14.6B) deal. The transaction is a major strategic consolidation of ride-hailing and food-delivery platforms and is likely to be meaningful for both companies’ competitive positioning.

Analysis

Delivery Hero agreed to be acquired by Uber in a €12.7B ($14.6B) deal. The transaction is a major strategic consolidation of ride-hailing and food-delivery platforms and is likely to be meaningful for both companies’ competitive positioning.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.35

Ticker Sentiment

DELHY0.80
UBER0.35