Synopsis
The deal with Aspex comes as Uber is working on a new bid to take over the German food delivery company following an indicative €33-per-share ($38.29) proposal on Saturday, two separate sources said on Thursday, speaking on condition of anonymity because the talks are private.Listen to this article in summarized format
The deal with Aspex comes as Uber is working on a new bid to take over the German food delivery company following an indicative €33-per-share ($38.29) proposal on Saturday, two separate sources said on Thursday, speaking on condition of anonymity because the talks are private.
Delivery Hero declined to comment.
Uber did not immediately respond to a request for comment.
Shares in Delivery Hero fell 3.6% to €37.93 per share by 0751 GMT.
Uber now holds a total of 36.83% in Delivery Hero - 24.99% in common shares and the rest linked to derivative instruments - compared with 25.1% previously, the filings in Germany published late on Wednesday show.
A separate regulatory filing showed Aspex has almost halved its stake to 7.56% from 14.55%, while the remaining stake will be transferred at a later date.
Delivery Hero confirmed on Saturday it had received an indicative proposal from Uber valuing the company at €33 per share. The German group's CEO Niklas Oestberg said last week he would step down, following campaigns by several large shareholders for a strategic review.
The FT had reported that Uber's board met on Saturday to discuss raising its offer after its initial approach was rebuffed.
