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Uber eyes Delivery Hero asset sales to clear takeover

Bloomberg Markets •
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Uber Technologies Inc. has opened a sales process for Delivery Hero SE’s regional units as it works toward a full acquisition. Sources say the ride‑hail giant is contacting strategic investors and private‑equity firms to off‑load assets that regulators may view as competition concerns. The move signals Uber’s willingness to dismantle parts of the target to satisfy antitrust reviewers.

EU regulators have scrutinized cross‑border food‑delivery deals, fearing reduced choice for consumers. By proposing to sell Delivery Hero’s Eastern European and Middle‑East operations, Uber hopes to show the combined entity will not dominate any single market. Such a carve‑out would also reduce Uber’s exposure to regulatory risk. Analysts note divestitures could fetch modest premiums, but clearance remains the goal. The divestiture could also streamline Uber’s integration timeline.

If the asset sales satisfy competition watchdogs, Uber would close a multi‑billion‑dollar deal, cementing its status as the world’s largest on‑demand logistics platform. The transaction would give Delivery Hero’s shareholders a premium exit while preserving the brand’s core markets. The cleared merger would likely boost Uber’s earnings per share guidance for the next fiscal year.