TechnologyNiklas Östberg will remain Delivery Hero CEO beyond March 2027
Delivery Hero reversed its succession plan as Uber's takeover offer and the SSW asset sale move forward.
TLDR
Delivery Hero says co-founder Niklas Östberg will stay on as CEO, reversing a May plan for him to hand over leadership by March 31, 2027. The company tied the decision to its pending transactions with Uber and SSW Partners. Uber has offered €41.50 per share, valuing all of Delivery Hero at $14.8 billion, while SSW is set to acquire businesses in 14 markets for about $1.6 billion. Both transactions remain subject to their closing conditions.
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Niklas Östberg will remain Delivery Hero CEO beyond March 2027
Delivery Hero reversed its succession plan as Uber's takeover offer and the SSW asset sale move forward.
TLDR
Delivery Hero says co-founder Niklas Östberg will stay on as CEO, reversing a May plan for him to hand over leadership by March 31, 2027. The company tied the decision to its pending transactions with Uber and SSW Partners. Uber has offered €41.50 per share, valuing all of Delivery Hero at $14.8 billion, while SSW is set to acquire businesses in 14 markets for about $1.6 billion. Both transactions remain subject to their closing conditions.
