Freshfields advises Uber on proposed acquisition of Delivery Hero

Global law firm Freshfields is advising Uber Technologies, Inc. (NYSE: UBER) on entering into a business combination agreement with Delivery Hero (Xetra: DHER) and the announcement of a voluntary tender offer for all outstanding shares of Delivery Hero at an equity value of $14.8bn. The transaction would extend the world’s largest mobility and delivery platform to a total of 99 markets, with combined pro-forma gross bookings of $236bn in 2025. Delivery Hero has separately entered into an agreement with SSW Partners for the acquisition of its business in 14 markets for a consideration of approximately $1.6bn, subject to completion of Uber’s takeover offer and other customary conditions.

For more details, please see Uber’s press release.

The Freshfields team advising Uber on these transactions is being led by Rick van Aerssen, Sabrina Kulenkamp (both Frankfurt) and Lars Meyer (Frankfurt/Berlin, all Corporate/M&A) as well as James Aitken (London/Dublin) and Vanessa van Weelden (Brussels, both Antitrust). The core team also includes Nils Pelzer, Thomas Kelm, Rebecca Hettich, Davud Tayaranian (all Frankfurt), Burak Firat (Berlin), Faras Mirhoseiny (Berlin/Frankfurt, all Corporate/M&A) and Lucas Vanassche (Brussels, Antitrust) as well as James Duncan, Charlie Marmion (both London), Mario Hüther and Alexander Pospisil (both Frankfurt, all Finance), Claude Stansbury (Washington), Alexander Schwahn and Jan Kothe (both Hamburg, all Tax), Theresa Ehlen (Düsseldorf, IP/Commercial), and Raquel Flórez (Madrid), Judith Römer (Hamburg), Sarah Rohmann (Düsseldorf) and Leonard Prasser (Vienna, all Employment Law).