Equities
High
The board of Delivery Hero (DHER GY) has advised shareholders to accept the takeover offer from Uber (UBER), according to Bloomberg TV. Mkt cap ~$159B
Market reaction CPNG Lower at 15m GRAB Lower at 15m See the validated event-time path, 1m/15m returns, and provenance. Create free accountEquity read-through Probabilistic High confidence PRX
PRXPotential tailwind
It irrevocably committed its remaining 16.8% Delivery Hero stake into Uber's €41.50-per-share offer.