Uber weighs options to enhance Delivery Hero bid after investor rejection
Key takeaways
- Uber weighs options to enhance Delivery Hero bid after investor rejection Uber is mulling a higher bid for Delivery Hero after a major shareholder rejected its offer.
- The company is now assessing whether to raise its offer again.
- In a short statement on 23 May, Delivery Hero said: “Uber Technologies reached out with an indicative proposal of €33 per share in respect of a potential takeover offer to all shareholders.
Uber weighs options to enhance Delivery Hero bid after investor rejection Uber is mulling a higher bid for Delivery Hero after a major shareholder rejected its offer. Credit: nitpicker / Shutterstock.com · Verdict Food Service · nitpicker / Shutterstock.com Umesh Ellichipuram Tue, May 26, 2026 at 5:45 PM GMT+7 2 min read UBER DHER.DE Uber is considering improving its takeover proposal for Delivery Hero after a major shareholder rejected an approach that valued the German food delivery company at more than €11.5bn ($13.3bn).
The board of the ride-hailing services provider met to review the situation after an offer of €38 a share was rejected by one of Delivery Hero’s largest investors, Financial Times (FT) reported, citing people familiar with the matter.
The company is now assessing whether to raise its offer again.