Uber Advances Delivery Hero Acquisition With Formal Cash Offer
Uber launches a €41.50/share takeover bid for Delivery Hero after BaFin approval. Acceptance runs through Nov. 5. Get the details.
Uber is officially trying to buy a big food-delivery company called Delivery Hero for a set price per share, and regulators said it's okay. When a company makes a formal offer like this, it shows they're serious about growing, so watch to see if the deal closes or runs into problems.
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