German food delivery group Delivery Hero’s management and boards have recommended shareholders accept Uber’s takeover offer, describing the EUR41.50-per-share cash consideration as fair and adequate. The offer requires acceptance representing at least 50% plus one share and regulatory approvals. Uber has secured an irrevocable commitment covering 16.68% of shares and already has a 24.77% holding. Completion is expected in H2 2027. (Delivery Hero)