delivery hero foodpanda

Uber, Delivery Hero and foodpanda

Uber Terminates Deal to Buy Delivery Hero’s Taiwan Business

Uber Technologies Inc. has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the island’s antitrust regulator rejected it in December.

Reuters on MSN · 5d

Uber terminates Delivery Hero's Foodpanda business acquisition

Uber has decided terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday. Taiwan had in February blocked Uber's $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive.

Markets Insider · 4d

M&A News: Uber Ends its Deal to Acquire Delivery Hero’s Foodpanda on Regulatory Setbacks

Ride-hailing company Uber Technologies (UBER) has ended its pursuit to acquire Delivery Hero’s (DE:DHER) Foodpanda business due to regulatory

Uber Abandons Foodpanda Taiwan Buyout Bid: How to Play the Stock Now

Uber Technologies UBER has terminated its agreement to acquire Delivery Hero's Foodpanda business in Taiwan. The deal, valued ...

Reuters6d

Uber ends Foodpanda Taiwan acquisition after regulatory hurdles

March 11 (Reuters) - Uber (UBER.N), opens new tab has terminated its $950 million bid for Delivery Hero's (DHER.DE), opens new tab Foodpanda business in Taiwan, the food delivery company said ...

London South East6d

UPDATE: Delivery Hero's foodpanda buys Deliveroo assets to grow in HK

Deliveroo PLC - London-based food delivery - Sells assets from its Hong Kong operations to Delivery Hero SE's foodpanda platform as part of a decision to shutter the business. Deliveroo Hong ...

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App

Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the ...

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