NEWM&A

Delivery Hero (DHER) shares rise 10.5% amid Uber takeover bid

Published on 5/25/2026

Delivery Hero (DHER) shares rise 10.5% amid Uber takeover bid

AI Summary

European stocks opened higher on Monday, with France's CAC 40 gaining 0.9% and Germany's DAX increasing by 0.8%. Japan's Nikkei 225 breached 65,000 for the first time during holiday trading after positive news regarding U.S.-Iran negotiations. Oil prices fell more than 5% following President Trump's comments on the negotiations. Delivery Hero (DHER) shares increased by 10.5% after confirming a takeover bid from Uber at €33 ($38.29) per share, valuing the company at over €10 billion.