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Delivery Hero confirms negotiations on possible acquisition by Uber

Delivery Hero confirms negotiations on possible acquisition by Uber

Delivery Hero confirms negotiations on possible acquisition by Uber 150 150 admin

July 14 (Reuters) – Delivery Hero confirmed on Tuesday that advanced negotiations were taking place with Uber Technologies on a takeover of the German food delivery company.

Delivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an offer price.

($1 = 0.8751 euros)

(Reporting by Cian Muenster, Editing by Friederike Heine)

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