Uber lands $14.8b deal to acquire Baemin parent company Delivery Hero

Uber agreed to acquire German food delivery company Delivery Hero for roughly $14.8 billion, the company said Thursday, a deal that would fold South Korea's Baemin and other major delivery platforms into Uber's global network. Uber signed a merger agreement with Delivery Hero and will launch a voluntary tender offer, paying shareholders 41.50 euros ($52) per share in cash. The offer values Delivery Hero at about $14.8 billion for the full company, or roughly $13.7 billion after accounting for Ub