Uber weighs higher bid for Delivery Hero
Key takeaways
- Uber's board met to discuss increasing its offer for German food delivery company Delivery Hero, following a shareholder rejection of the initial bid that valued the target above 11.5 billion euros.
AI insight — what it means
Uber is thinking about offering more money to buy Delivery Hero after shareholders rejected the first bid. Everyday investors may see this affect Uber's stock as the company weighs spending extra on the deal.
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