Uber to acquire additional 4.5% stake in Delivery Hero: FT

Uber is set to acquire an additional 4.5% stake in rival Delivery Hero, purchasing approximately 270 million ​euros ($318.1 million) worth of shares at 20 euros each from Prosus. This move signifies a significant investment by Uber in its competit...

AP
Uber has reached an agreement to acquire an additional ‌4.5% ⁠stake ⁠in rival Delivery Hero and will buy around 270 million euros ($318.1 million) ⁠of Delivery ‌Hero shares at ⁠20 euros apiece from the German multinational's largest shareholder, Prosus, the Financial Times ‌reported on Friday.

Reuters could not independently ⁠verify the report.

($1 = 0.8488 euros)

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Business News › Tech › Tech & Internet › Uber to acquire additional 4.5% stake in Delivery Hero: FT
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