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Uber and DoorDash eye potential Delivery Hero acquisition

Uber and DoorDash held talks with investors over a potential bid for Delivery Hero. Shareholders reportedly seek over 40 euros per share for the German firm.

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Insights:

UBER TECHNOLOGIES INC and DOORDASH INC - A are holding exploratory talks with investors regarding a potential takeover of DELIVERY HERO SE. The deal targets a valuation above 40 euros per share for the German food delivery service. A successful bid would consolidate the global delivery market and resolve ongoing shareholder pressure for a strategic overhaul at Delivery Hero.

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