Financial Times
Uber has raised its ownership in Delivery Hero to around 37% following the acquisition of Aspex Management's 14.6% share, which was valued at €12 billion. This move marks a pivotal advancement in Uber's strategy to assert greater influence over the German food delivery enterprise.
The acquisition from Aspex Management occurred just days after Uber extended a takeover offer for Delivery Hero. By securing this notable share, Uber has enhanced its status as a primary stakeholder within the organization.
The €12 billion valuation signifies a considerable market position for Delivery Hero as consolidation trends persist in the global food delivery landscape. Uber's determined pursuit of Delivery Hero reflects the company's ambition to broaden its food delivery footprint and engage in market consolidation efforts.
Insiders suggest that this acquisition aligns with Uber's larger strategy to attain a controlling interest in Delivery Hero, although specifics regarding the continuing discussions remain ambiguous.
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