Uber Said to Weigh Delivery Hero Asset Sales to Smooth Takeover

Uber Technologies Inc. is reaching out to parties interested in Delivery Hero SE’s regional businesses as it works toward a takeover of the German food delivery company that would get regulatory approval, people with knowledge of the matter said.

The US technology group has been sounding out companies that could potentially buy Delivery Hero assets in overlapping regions within Latin America, Asia and Europe, according to one of the people.

The deliberations show that Uber is making progress in its pursuit of a full takeover of Delivery Hero, having built its stake in the Frankfurt-listed group to around 36.8%, ...