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Uber Just Bought Delivery Hero for 14.8 Billion. Here’s What It Means for the Stock.
Uber just beat EBITDA estimates by 2% and bought a $14.8 billion delivery rival. The Street’s target hasn’t moved yet.
Uber's Aggressive Global Expansion Bid
Uber aims to solidify its dominance in delivery with a massive $14.8 billion acquisition of the German firm Delivery Hero.
Uber agrees to buy Delivery Hero in $14.8 billion deal
Uber offered to pay $47.60 a share and will acquire Delivery Hero’s operations in 50 markets, the company said in a statement on July 16.
Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
Uber's proposed $12.8 billion takeover of Delivery Hero, built on a quietly accumulated 37% stake, signals food-delivery consolidation and a
Uber Secures USD 14.8 Billion Delivery Hero Acquisition, Expanding Global Reach
Uber has agreed to acquire Germany's Delivery Hero for an equity value of USD 14.8 billion. This transaction aims to establish the largest f
Uber to acquire Delivery Hero in $14.8B all-stock deal
Uber has agreed to purchase Delivery Hero in an all-stock transaction valued at $14.8 billion. The deal would nearly double Uber's global op
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