Uber Technologies Inc. has entered into an agreement to launch a voluntary public takeover offer for all outstanding shares of Delivery Hero SE, the parent company that holds an 80% majority stake in talabat.
talabat confirmed there will be no change to its strategy, operations, leadership, or listing status on the Dubai Financial Market (DFM) as a result of the offer.
If the takeover is successfully completed, Uber will become the direct owner of Delivery Hero SE; completion and regulatory approvals are expected in the second half of 2027.
talabat remains governed by its own Board of Directors and subject to applicable UAE regulations as a separately listed entity.