Uber confirms Delivery Hero takeover offer… stake 19.5% makes it the largest shareholder

Delivery Hero 2026year 5month 23day confirmed Uber’s proposed takeover offer. The company described the offer as a “proposed tender offer.” It formally announced that it had received the offer.

Delivery Hero said Uber came to hold approximately 19.5% of the issued shares. The company said Uber’s stake had previously been approximately 7%. The company disclosed that this change made Uber its largest shareholder.

Uber is at the stage of considering its pursuit of an acquisition of Delivery Hero. The increase in Uber’s stake and the submission of its offer were both confirmed. Both companies left open the possibility of further disclosures.

The materials distributed did not disclose the detailed terms or price related to the transaction. Delivery Hero did not disclose whether it had specifically accepted the offer or the details of any agreement. Uber also made no separate announcement about the price or disclosure of a final agreement.

This timeline was reported between 2026 year 5 month 22 and 23. 5 month 22, it was reported that Uber was considering an acquisition. 5 month 23, Delivery Hero officially confirmed it.

At this stage, the companies’ official documents and additional disclosures will determine what happens next. Investors and the market should watch for any terms of a future bid and the boards’ responses. Further disclosures will be made through press releases or filings by the companies concerned.