Uber to acquire additional 4.5% stake in Delivery Hero, FT reports
Tweet
Share
E-mail
The Uber logo is seen on the rear window of a taxi, in Dublin, Ireland, June 29, 2025. REUTERS/Clodagh Kilcoyne
April 17 (Reuters) - Uber has reached an agreement to acquire an additional 4.5% stake in rival Delivery Hero and will buy around 270 million euros ($318.1 million) of Delivery Hero shares at 20 euros apiece from the German multinational’s largest shareholder, Prosus, the Financial Times reported on Friday.
Reuters could not independently verify the report.
($1 = 0.8488 euros)
(Reporting by Chandni Shah in Bengaluru; Editing by Mrigank Dhaniwala)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Netflix report flags concerns over subscriber engagement
- FirstSun Capital Bancorp (FSUN) PT Lowered to $44 at Raymond James
- Netflix eyes Letterboxd acquisition, Variety reports, citing Puck
Create E-mail Alert Related Categories
ReutersRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
