Talabat confirmed that there will be no change to its strategy, operations, leadership or listing status on the Dubai Financial Market (DFM) following the announcement that Uber Technologies intends to acquire Delivery Hero SE through a voluntary public takeover offer.
If the transaction receives all required regulatory approvals, Uber is expected to become the direct owner of Delivery Hero in the second half of 2027. Delivery Hero will continue to indirectly hold its 80% stake in talabat through Delivery Hero MENA Holding GmbH.
Key highlights:
• Uber intends to acquire Delivery Hero SE through a voluntary public takeover offer
• Talabat confirms no change to its strategy, operations, leadership or DFM listing
• Delivery Hero will continue to indirectly own 80% of talabat following completion
• Transaction is subject to regulatory approvals
• Completion is expected in the second half of 2027
According to talabat, the company will continue to operate independently under its existing Board of Directors and remain subject to the applicable regulations governing DFM-listed companies. Any future corporate actions involving talabat will follow its established corporate governance and regulatory processes.
Source: talabat Holding
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.