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Deal Dispatch: Uber Buys Delivery Hero For $14.8 Billion, Eli Lilly Acquires AtaiBeckley, Lulu's Fashion Considers Strategic Alternatives

Lulu's Fashion Lounge Holdings (NASDAQ:LVLU) retained Solomon Partners as its financial advisor and Willkie Farr & Gallagher LLP as its legal advisor as the company evaluates strategic alternatives to maximize shareholder value. Alternatives may include a potential transaction or continued execution of Lulu's standalone strategic plan.

Benzinga • Jul 17, 2026
Uber's Delivery Hero deal could strengthen cross-platform strategy

Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s planned acquisition of Delivery Hero (XETRA:DHER, OTCQX:DLVHF) could strengthen its cross-platform strategy and create additional opportunities to grow customer engagement, according to Jefferies, which highlighted the strategic benefits of the $14.8 billion transaction. Jefferies wrote that the combination could increase the value of Uber One and expand cross-selling…

Proactive Investors • Jul 17, 2026
Uber to acquire Delivery Hero in $14.8B deal to expand global delivery footprint

Uber Technologies Inc (NYSE:UBER, XETRA:UT8) has agreed to acquire Delivery Hero (XETRA:DHER, OTCQX:DLVHF) in a cash takeover offer valued at $14.8 billion, as the ride-hailing and delivery company moves to expand its global food delivery operations. Under the terms of the agreement, Uber will offer Delivery Hero (XETRA:DHER, OTCQX:DLVHF) shareholders €41.50 per share in cash, representing an equity value of $14.8…

Proactive Investors • Jul 16, 2026

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