Gleiss Lutz has provided comprehensive advice to Morgan Stanley on all aspects of German law relating to the financing of the public takeover offer for the shares of Delivery Hero SE under the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz (WpÜG)) by Uber Technologies Inc. ("Uber").
Uber is a leading global technology company in the mobility and delivery services sector, headquartered in San Francisco, USA.
Delivery Hero, headquartered in Berlin, is one of the largest providers of online ordering and delivery services for food and other products. The company is listed on the Frankfurt Stock Exchange and employs several thousand people worldwide.
With this acquisition, Uber continues its global expansion strategy in the food delivery sector and strengthens its position in international competition.
Davis Polk & Wardwell LLP advised Morgan Stanley as lead counsel on all matters of US law.
The following Gleiss Lutz team advised the lenders: Martin Hitzer (partner, Corporate, Düsseldorf), Dr. Eva Reudelhuber (partner, Banking & Finance, Munich, both lead), Dr. Charlotte Evers (Corporate, Düsseldorf), Pascal Urban, Felix Hostenkamp and Cora Seelmann (all Banking & Finance, all Munich).
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