Uber Weighs Delivery Hero Asset Sales to Smooth Full Takeover

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AI Fusion Summary

Uber Technologies Inc. is pursuing a takeover of Delivery Hero SE, with a deal potentially valued at $11.6B. To secure regulatory approval for the acquisition, Uber is contacting parties interested in purchasing Delivery Hero SE’s regional businesses. This strategic move aims to reshape the global food delivery landscape, likely increasing market consolidation and intensifying competition. The process involves weighing specific asset sales to smooth the path toward a full takeover of the German company.
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