{"id":91820,"date":"2026-05-25T15:29:08","date_gmt":"2026-05-25T15:29:08","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/91820\/"},"modified":"2026-05-25T15:29:08","modified_gmt":"2026-05-25T15:29:08","slug":"uber-makes-e10bn-bid-for-foodora-parent-company","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/91820\/","title":{"rendered":"Uber makes \u20ac10bn bid for Foodora parent company"},"content":{"rendered":"

Uber Technologies has made a takeover approach for German food delivery group Delivery Hero, the owner of Foodora, which ended operations in Finland<\/a> earlier this year.<\/p>\n

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The US company offered 33 euros per share for Delivery Hero, valuing the company at about 10 billion euros. Delivery Hero confirmed over the weekend that it had received the proposal.<\/p>\n

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The offer pushed Delivery Hero shares higher on Monday.<\/p>\n

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The stock rose more than 10 per cent in Frankfurt trading and reached its highest level since late 2024.<\/p>\n

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Reports from the Financial Times<\/a> said Uber\u2019s board discussed raising the offer after some shareholders rejected a separate proposal of 38 euros per share. According to the newspaper, several investors seek a price above 40 euros.<\/p>\n

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The proposed deal would bring together two large food delivery operators with overlapping operations across Europe, Asia and Latin America. Analysts said competition authorities in the European Union would face pressure to examine the transaction due to the companies\u2019 presence in many of the same markets.<\/p>\n

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Brokerage firm Jefferies said Uber and Delivery Hero overlap in 22 countries, including nine in Europe.<\/p>\n

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Delivery Hero owns the Foodora brand, which operated in Finland for a decade before withdrawing from the market in February. The company said at the time that it wanted to focus investment on markets where it held a stronger position.<\/p>\n

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The exit left Wolt as the main app-based food delivery platform in Finland until Uber Eats launched<\/a> in the country this month.<\/p>\n

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The Finnish market has changed rapidly during the past year. US delivery company DoorDash completed its acquisition of Wolt earlier, while European rivals have faced pressure from rising costs and competition.<\/p>\n

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Delivery Hero has also faced investor scrutiny over its strategy and profitability. Earlier this month, the company announced that chief executive Niklas \u00d6stberg would step down in March 2027.<\/p>\n

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Uber recently increased its stake in Delivery Hero from about 7 per cent to 19.5 per cent, making it the German company\u2019s largest shareholder.\u00a0<\/p>\n

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Shares in Uber fell after news of the bid emerged late last week, while Delivery Hero stock continued a rally that has lasted more than two weeks.<\/p>\n

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Any transaction involving Delivery Hero would still require approval from European regulators before completion.<\/p>\n

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HT<\/p>\n","protected":false},"excerpt":{"rendered":"Uber Technologies has made a takeover approach for German food delivery group Delivery Hero, the owner of Foodora,…\n","protected":false},"author":2,"featured_media":91821,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[87],"tags":[48312,36625,15960,158,9344,10786,190,113,48311,28633,9346,9345],"class_list":["post-91820","post","type-post","status-publish","format-standard","has-post-thumbnail","category-helsinki","tag-competition-authorities","tag-delivery-hero","tag-doordash","tag-finland","tag-food-delivery","tag-foodora","tag-germany","tag-helsinki","tag-takeover-bid","tag-uber","tag-uber-eats","tag-wolt"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116635931185187972","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/91820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=91820"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/91820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/91821"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=91820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=91820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=91820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}