Germany’s Delivery Hero accepted Uber’s €12.7 billion takeover offer

Germany's Delivery Hero accepted Uber's €12.7 billion takeover offer

Founded in 2011, the German company currently operates in more than 60 markets and is one of the largest food delivery groups in the world. In addition, it has expanded its operations beyond the traditional food delivery business and now delivers small parcels to customers.

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Uber offers 41.50 euros for one Delivery Hero share, valuing the entire company at 12.7 billion euros.

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