Not approved · Waiver · decided in 28 days, 22 Oct 2026
Uber, through Uber International Technologies II, proposes to acquire a majority of, and up to 100% of, Delivery Hero SE's share capital. This cash takeover offer targets the remaining shares of the online delivery and restaurant management platform. Uber currently holds 20-25%, with a 50% plus one share minimum acceptance threshold.
Uber Technologies, Inc., via its indirect wholly-owned subsidiary Uber International Technologies II (together, Uber ) proposes to acquire a majority of, and up to 100% of, the share capital of Delivery Hero SE ( Delivery Hero ), which is listed on the Frankfurt Stock Exchange (the Acquisition ). The Acquisition will take place by way of a voluntary public takeover offer for the acquisition of all shares not directly held by Uber in cash with a minimum acceptance threshold of 50% plus one share. Uber currently owns between 20-25% of the share capital in Delivery Hero. Uber is a Delaware corporation listed on the New York Stock Exchange. Uber was founded in 2009 and operates a technology platform for ride-hailing, food and other consumer goods delivery, and freight logistics services, operating in over 70 countries including Australia. Uber’s consumer-facing brands and services include Uber Eats (ordering and delivery of food and other consumer goods), as well as Uber (ride-hailing), and Uber Freight (logistics) (mainly in the US). Delivery Hero is a European multinational incorporated in Germany, mainly operating an online delivery and ordering platform for food and other consumer goods across Europe, the Middle East, Africa, Asia, and the Americas under various brand names. Delivery Hero does not currently operate an Australian delivery and ordering platform or provide any delivery or ordering services in Australia. After having originally entered the Australian market in 2011, Delivery Hero consolidated its local operations under its subsidiary brand Foodora in 2016 and exited the Australian market in August 2018. Currently, Delivery Hero provides digital restaurant management services in Australia via its wholly owned subsidiary, Tabsquare, comprising digital ordering via QR codes and kiosks, point of sale integration, and analytics and reporting services.