Uber shapes new industry giant - Delivery Hero takeover bid for $14.8 billion

Uber offers €41.50 per share for Delivery Hero, representing an equity value of $14.8 billion to expand its network to 99 markets. To address regulatory concerns, Delivery Hero is simultaneously selling parts of its business in 14 markets to the investment firm SSW Partners. Uber Eats expands its U.S. delivery business through a partnership with GameStop for gaming and electronics items. Uber Technologies (UBER) presents a takeover bid for Delivery Hero on July 16 to expand the international delivery business. Specifically, Uber offers...