Bid for Foodora's owner - Delivery Hero stock surges after Uber bid

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Bid for Foodora's owner - Delivery Hero stock surges after Uber bid
Photo: Jakob Åkersten Brodén/TT

The offer of €33 per share is worth approximately €10 billion (equivalent to SEK 108 billion).

Delivery Hero's share price rose almost 10 percent to €36.88 per share after the bid, the highest level since autumn 2024. The fact that the price rose above the bid indicates the market expects the offer to increase before a deal is reached.

The deal requires approval from European competition authorities.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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