** Shares in Delivery Hero DHER.DE gain 2.8% in pre-market indications after Uber UBER.N terminated on Tuesday its $950 million bid for the German firm's Foodpanda business in Taiwan

** A local trader points to the deal termination fee of around $250 million that the U.S. company will have to pay as a reason for share price move

** In December Taiwan had blocked the deal on anti-competitive concern

** The stock is seen at the top of the German mid-cap index .MDAXI in pre-market indications

(Reporting by Paolo Laudani)

((Paolo.laudani@thomsonreuters.com))