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Talabat Says No Changes to Operations as Delivery Hero Agrees to Uber Takeover

MT Newswires·07/16/2026 09:42:46
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09:42 AM EDT, 07/16/2026 (MT Newswires) -- Talabat (DFM:TALABAT) said Thursday there will be no changes to its listing, operations, and leadership after its indirect majority owner Delivery Hero (DHER.F) agreed to a $14.8 billion takeover offer from Uber Technologies (UT8.F). If the deal closes as expected in the second half of 2027, Uber will become the direct owner of Delivery Hero, which owns Delivery Hero MENA Holding. Delivery Hero MENA Holding owns an 80% stake in the Dubai-listed online food delivery company.