Uber considers full takeover of Germany's Delivery Hero
Uber is reportedly exploring a full takeover of Delivery Hero after raising its stake to 19.5%. Deliberations are ongoing with no certainty of a final deal.
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UBER TECHNOLOGIES INC is in talks on a potential acquisition of DELIVERY HERO SE, people familiar with the matter told Bloomberg News on Friday afternoon. The move follows Uber increasing its stake in the Germany-based firm to 19.5% from 7% earlier this week. A full acquisition would consolidate the European delivery market as Uber seeks to scale its international logistics footprint.
