Delivery Hero SE’s board has voted to support Uber Technologies Inc.’s takeover offer, Bloomberg reports, moving the proposed acquisition of the German delivery platform another step toward completion. According to Bloomberg, Delivery Hero’s directors said the bid is in the best interest of shareholders and described the €41.50-per-share price as fair. The report cites a company statement on Wednesday. The offer values the transaction at nearly $15 billion, Bloomberg reported. The shareholder acceptance period is scheduled to expire on Nov. 5, giving investors a defined window to decide whether to tender into the deal. The reported board recommendation does not itself complete the acquisition. Based on the provided report, the key confirmed development is that Delivery Hero’s directors are now formally backing Uber’s offer and urging acceptance on the stated terms. For Uber, the board backing is a meaningful procedural step in a large delivery-market transaction. For Delivery Hero shareholders, the central decision is now framed around the board’s view that €41.50 per share is fair and in their interest. Who benefits: Uber benefits from having Delivery Hero’s board publicly support the offer. Delivery Hero shareholders who favor the €41.50-per-share price now have the board’s recommendation behind accepting it. Who's exposed: Delivery Hero shareholders remain exposed to the decision of whether to accept before Nov. 5. Uber remains exposed to whether the acceptance process moves the transaction to completion; the provided report does not specify the remaining conditions.