business / news / / The Manila Times
Uber is exploring options for a full takeover of Delivery Hero, Bloomberg News reported.
Uber is considering a full acquisition of Delivery Hero, per sources cited by Bloomberg.
KEY POINTS
- Uber has increased its stake in Delivery Hero from 7% to 19.5%, becoming the largest shareholder.
- Uber stated it does not currently plan to increase its stake to 30%, avoiding a mandatory offer.
- Discussions about a possible acquisition are ongoing and may not result in a deal.
COMPANIES
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