India, July 16 -- Uber Technologies, Inc. (UBER) said on Thursday that it has inked a merger deal with Delivery Hero SE (DHER.DE,DELHY) and has announced an acquisition offer of €41.50 per share in cash, representing an equity value of $14.8 billion, or $13.7 billion adjusted for Uber's prior stake purchases.
The acquirer will fund the transaction through cash on hand and new debt facilities. It has executed a committed bridge facility of around €14 billion.
The transaction is anticipated to be closed in the second half of 2027. Uber expects the acquisition to be accretive to its adjusted earnings per share upon close and high-single-digit percentage accretive by year three.
Dara Khosrowshahi, CEO of Uber, said: "Together, we...