Mwb Recommends Delivery Hero Shareholders Take Up Uber's Takeover Offer; Rating, Price Target Revised

05:16 AM EDT, 07/17/2026 (MT Newswires) -- Mwb Research is advising Delivery Hero (DHER.F) investors to accept Uber Technologies' (UT8.F) cash buyout offer, as the research firm aligned its price target with the deal's value and cut its rating for the food delivery platform. "The weeks since Uber's potential takeover offer in May appear to have been used to put in place a deal structure addressing the transaction's regulatory and financial complexity, notably through the parallel carve-out to SSW Partners. With Uber's existing position and irrevocable tender commitments materially reducing acceptance risk, we raise our price target to EUR 41.50 [from EUR 33] and recommend shareholders tender their shares into the offer. SELL (before: HOLD)," the research firm said Thursday. The voluntary cash takeover offer from the ride-hailing giant prices Delivery Hero at 41.50 per share, valuing the target company at $14.8 billion, or $13.7 billion when accounting for Uber's existing stake. Concurrently, US-based investment firm SSW Partners struck a conditional agreement to purchase Delivery Hero's operations across 14 markets for $1.6 billion, a transaction that hinges on the completion of Uber's takeover offer.