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Uber boosts Delivery Hero stake to 19.5%, rules out 30% takeover bid

Uber raises its stake in Delivery Hero from 7% to 19.5% while stating it does not intend to acquire 30% or more of the company's voting rights.

May 18 · · primary fetch1 sourceupdated May 18 ·

Natalie Lung / Bloomberg: Uber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it “has no intent to acquire 30% or more” of Delivery Hero's voting rights — Uber Technologies Inc.

has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions …

read full article on techmeme.com
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  1. techmeme.comUber increases its stake in Delivery Hero to 19.5%, up from 7% in April, and says it "has no intent to acquire 30% or more" of Delivery Hero's voting rights (Natalie Lung/Bloomberg)primary