Uber Delivery Hero Takeover Gains Ground With Asset Sales
Quick Reads
- Uber explores selling overlapping Delivery Hero assets to speed up regulatory approval.
- The targeted markets span Latin America, Asia, and Europe.
- Uber’s stake in Delivery Hero has grown to roughly 36.8 percent.
- The asset sale talks remain exploratory, with no formal deal yet.
- Delivery Hero previously confirmed receiving an offer worth 33 euros per share.
Uber Delivery Hero takeover talks have moved a step closer this week. According to a Bloomberg report, Uber has begun contacting potential buyers for assets that overlap with its own operations. The targeted markets span Latin America, Asia, and Europe, where both companies run rival delivery brands.
Consequently, industry watchers view this move as a “fix-it-first” tactic aimed at regulators. By offering to sell overlapping units upfront, Uber hopes to ease antitrust concerns before they arise. Meanwhile, Uber has steadily increased its Delivery Hero stake, which now sits at roughly 36.8 percent, including options.
As a result, a full Uber Delivery Hero takeover would still need clearance from regulators in several countries. However, the asset sale discussions remain exploratory, and no formal agreement has been reached yet. Notably, Delivery Hero already confirmed receiving a takeover offer worth 33 euros per share.
As Tech in Asia first reported, the German company continues focusing on its ongoing strategic review while talks progress. Therefore, both companies’ next steps will likely shape competition across the global food delivery industry.
