UBER · 10-Q · 2026Q2 · Full report
Delivery Hero Acquisition
Uber Technologies, Inc · 2026-08-05 · Importance 71 · Surprise 60 · In source text
On July 16, 2026, Uber entered into a business combination agreement to launch a voluntary public takeover offer for Delivery Hero. The offer provides cash consideration of €41.50 per share and implies an equity value of $14.8 billion for 100% of Delivery Hero, subject to acceptance of at least 50% plus one share and merger-control and financial-regulatory clearances. Uber expects the transaction to close in the second half of 2027 and plans to fund it with existing cash and new debt financing. Uber also executed a €14.2 billion bridge credit agreement for senior unsecured loans, with term-loan facilities expected to reduce those commitments in the third quarter of 2026.
Key facts
- On July 16, 2026 Uber entered into a business combination agreement to launch a voluntary public takeover offer for Delivery Hero offering €41.50 per share, representing an equity value of $14.8 billion for 100% of Delivery Hero source
- Uber expects the Delivery Hero transaction to close in the second half of 2027 source
- The Delivery Hero takeover offer will be subject to a minimum acceptance threshold of 50% plus one share and certain further conditions including merger control and financial regulatory clearances source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | +11.2% | On July 16, 2026 Uber entered into a business combination agreement to launch a voluntary public takeover offer for Delivery Hero offering… |
| assets | positive | probable | — | The Delivery Hero takeover offer will be subject to a minimum acceptance threshold of 50% plus one share and certain further conditions… |