Delivery Hero’s suitors put EU merger powers under pressure, again
By Andrew Boyce, Lewis Crofts and Nicholas Hirst ( May 22, 2026, 13:53 GMT | Comment) -- Uber’s swoop for a chunky stake in Delivery Hero has put Europe in a sticky spot: what can merger rules do about a US company muscling in as the biggest shareholder just months after a European-headquartered investor was forced to sell down its shares? The soap opera around Delivery Hero and the European Commission’s merger powers raises questions over political support for sovereign EU tech companies, the wisdom of merger remedies, and the ability of enforcers to scrutinize minority shareholdings.Uber’s swoop for a chunky stake in Europe’s Delivery Hero has put the bloc in a sticky spot: what can merger rules do about a US company muscling in as the biggest shareholder just months after a European-headquartered suitor was forced to sell down its shares?...
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