Recent Updates — UBER
On July 16, 2026, Uber Technologies, Inc. entered into a Business Combination Agreement to acquire Delivery Hero SE via a voluntary public takeover offer. Uber will offer €41.50 per share in cash, representing an implied equity value of $14.8 billion. The transaction is expected to close in the second half of 2027, subject to regulatory approvals and a minimum tender threshold of 50% plus one share. To fund the acquisition, Uber executed a €14.2 billion senior unsecured bridge loan commitment. Additionally, Delivery Hero agreed to sell its operations in 14 markets to SSW Partners for approximately $1.6 billion. Uber expects the deal to be Non-GAAP EPS accretive upon closing and high-single-digit accretive by year three. Uber operates in the mobility and delivery industry, providing ride-sharing and food/grocery delivery services.