April 17 (Reuters) – Uber has reached an agreement to acquire an additional 4.5% stake in rival Delivery Hero and will buy around 270 million euros ($318.1 million) of Delivery Hero shares at 20 euros apiece from the German multinational’s largest shareholder, Prosus, the Financial Times reported on Friday. Reuters could not independently verify the […]
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Uber to acquire additional 4.5% stake in Delivery Hero, FT reports
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April 17 (Reuters) – Uber has reached an agreement to acquire an additional 4.5% stake in rival Delivery Hero and will buy around 270 million euros ($318.1 million) of Delivery Hero shares at 20 euros apiece from the German multinational’s largest shareholder, Prosus, the Financial Times reported on Friday.
Reuters could not independently verify the report.
($1 = 0.8488 euros)
(Reporting by Chandni Shah in Bengaluru; Editing by Mrigank Dhaniwala)