Delivery Hero stock gets Ukraine clearance milestone for Uber deal

Published on 11/09/2026 at 17:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Delivery Hero stock gains a new regulatory milestone after Ukraine cleared Uber's indirect control of Glovo's local business. Further approvals remain.

Ukraine clearance advances Uber deal

Ukraine approved Uber's indirect control of Glovo's Ukrainian business, adding a regulatory milestone to the proposed takeover.
Further approvals and closing conditions remain outstanding, with completion expected in the second half of 2027.
The 41.50-euro cash offer remains above the current market quotation.

Delivery Hero, DE000A2E4K43, Illustration mit AI erstellt.

Ukraine's Antimonopoly Committee approved Uber's indirect control of Delivery Hero's Glovo business on Thursday, November 5. The decision adds a new regulatory milestone to Uber's proposed takeover of Delivery Hero, although the transaction is not yet complete.

The Kyiv Independent reported on Friday, November 6, that the approval allows Uber to gain indirect control through Uber International Technologies II Corporation. The clearance covers Glovo's Ukrainian operations, which are owned by Delivery Hero.

Regulatory progress, but no closing yet

The approval removes one country-specific regulatory hurdle but does not establish that the takeover will close. Other regulatory approvals and customary closing conditions remain outstanding. Delivery Hero has said it expects completion in the second half of 2027.

Uber's proposal values Delivery Hero at 41.50 euros per share. The transaction would give Uber control of Delivery Hero businesses in 50 markets, while SSW Partners would acquire operations in 14 other markets, including Glovo activities in Moldova, Poland, Portugal, Romania and Spain.

Market quotation remains below offer

Delivery Hero stock traded at 37.09 euros on Lang & Schwarz at 17:51 CET on Monday, November 9, 2026. The quotation remains below Uber's cash offer, leaving regulatory progress and the closing timetable as key factors for investors.