Uber is in advanced talks to acquire German food-delivery firm Delivery Hero, according to Bloomberg, citing insiders. While deal terms and pricing weren’t disclosed, an M&A process at this stage is typically material and could drive notable repricing for both companies and the sector.
Uber is in advanced talks to acquire German food-delivery firm Delivery Hero, according to Bloomberg, citing insiders. While deal terms and pricing weren’t disclosed, an M&A process at this stage is typically material and could drive notable repricing for both companies and the sector.
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mildly positive
Sentiment Score
0.15
Ticker Sentiment
