Form 8-K · Current report
Uber 8-K, filed Jul 16, 2026
- Filed
- CIK
- 0001543151
- Accession no.
- 0001552781-26-000382
Summary
Uber entered into a Business Combination Agreement with Delivery Hero SE under which Uber subsidiary Uber International Technologies II Corporation will launch a voluntary public takeover offer for all Delivery Hero shares at €41.50 in cash; the offer is expected to complete in the second half of 2027, subject to competition and financial-services regulatory approvals and acceptance by holders of at least 50% of Delivery Hero shares plus one. Uber also entered a Bridge Credit Agreement providing €14.2 billion of senior unsecured bridge loan commitments, which Uber said it expects to fund the transaction primarily with existing cash balances and debt.
Key points
- The offer price is €41.50 in cash per Delivery Hero share, and Delivery Hero's management and supervisory boards unanimously approved entering the BCA.
- Delivery Hero's management board undertook to recommend that shareholders accept the offer, subject to fiduciary duties and a fairness opinion, and agreed not to solicit competing offers.
- Delivery Hero would owe Uber a €200 million termination fee in specified circumstances, while Uber would owe Delivery Hero €700 million if the offer lapses with only regulatory-approval conditions unsatisfied, or if completion has not occurred for regulatory reasons after May 10, 2028.
- The bridge facility matures 364 days after the Closing Date, bears interest at EURIBOR plus a margin tied to Uber's debt ratings, and no borrowing was drawn on the effective date.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01 Entry into a Material Definitive Agreement. Business Combination Agreement On July 16, 2026, Uber Technologies, Inc. (the “Company” or “Uber”) entered into a Business Combination Agreement (the “BCA”), by and among, the Company, Uber International Technologies II Corporation, a Delaware corporation and a wholly-owned subsidiary of the Company (the “Bidder”), and Delivery Hero SE, a European Company (Societas Europaea) incorporated under German law (“Delivery Hero”), pursuant to which the Bidder will make a voluntary public takeover offer within the meaning of Section 29 para. …
An excerpt of the text as filed with the SEC, cut for length.
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