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The Nexus
BUSINESSMay 27 · 18:36 UTCBLOOMBERG

Uber Proposes Delivery Hero Takeover at $11.6B Valuation

Uber Technologies Inc. has proposed a takeover of Delivery Hero Holding AG at an $11.6 billion valuation. The move signals Uber's expansion into the food delivery and logistics sector through strategic acquisition.

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Uber Technologies Inc.organizationDelivery Hero Holding AGorganizationTakeovertopic
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