Uber offers Delivery Hero an acquisition bid of 33euros per share

Delivery Hero 5in 23confirmed that Uber had officially submitted an acquisition offer of 33euros (38.29dollars). The company described the proposal as a formal takeover offer. The legal form and detailed terms of the offer can be confirmed through the disclosure.

Uber increased its stake from about 7% to 19.5%, the company said. This made Uber Delivery Hero's largest shareholder. The company disclosed the change in its stake.

According to the company's disclosure, the offer price is 1.76% below the most recent closing price. The per-share amount and discount rate are specified in the company's disclosure documents. The specific transaction structure will be confirmed in a subsequent disclosure.

The co-founder and CEO of Delivery Hero recently resigned. The resignation came after mounting pressure following calls from major shareholders for a strategic review. The company officially confirmed the resignation.

Major shareholders called on the company to conduct a strategic review, while Uber was increasing its stake. The details of the proposals between the company and Uber, and the next steps, should be confirmed through further disclosures. The market reaction to trading and the timing of a shareholder vote, among other matters, are expected to be disclosed later.

At present, the company's official disclosures are the sole source providing all the key facts about the event. Investors and stakeholders should check for further disclosures from the company. All future dates and decisions will be confirmed through company disclosures.