Uber nears €12.5bn deal to acquire Delivery Hero, FT reports

July 15 : Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.Delivery Hero confirmed it was in advanced negotiations with Uber regarding a potential takeover offer on Tuesday.Here are a few details on the potential deal:• Acquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the Middle East, Asia and Latin America. But the deal could attract scrutiny from antitrust regulators due to overlap in the companies' operations. • Delivery Hero could announce the deal as early as Thursday, with Uber paying roughly €41 per share, the Financial Times reported, citing multiple people familiar with the