Food delivery company «Delivery Hero SE» is facing pressure from major shareholders to conduct a strategic review amid a surge in merger activity in the food delivery sector. Large investors believe the company needs to reassess its strategy to remain competitive amid market consolidation. They are calling on management to consider mergers, acquisitions, or asset sales to boost shareholder value. The company's leadership has not yet made a final decision but acknowledges the need to explore various strategic options. Delivery Hero stated that it continuously analyzes market conditions and growth opportunities, but its priority remains developing its current business operations.
Delivery Hero SE pressured by shareholders for strategic review
Major investors urge the company to rethink its strategy amid a surge in mergers in the food delivery industry. Management is exploring various options to increase shareholder value.