Uber closes $14.8 billion acquisition deal for food delivery platform Delivery Hero

Uber announced it will acquire Delivery Hero. The deal values the entire German company at $14.8 billion, merging the two global top-leading food delivery platforms. In recent months, Uber has continued to increase its stake in Delivery Hero, quickly becoming its largest shareholder, after which both sides began acquisition talks and ultimately finalized this M&A agreement. (Sina Finance)
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