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.
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.
Delivery Hero said Uber Technologies ended the agreement to buy the German food-delivery company's Foodpanda business in Taiwan due to regulatory issues. The company said late Tuesday that the ...
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s ...
Delivery Hero (DLVHF) confirmed that Uber Technologies (UBER) has decided to terminate the agreement to acquire Delivery Hero’s foodpanda business in Taiwan. This follows the decisions of local ...
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 on ...
After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition of foodpanda in Taiwan, Bernstein notes that Uber ...
Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. COVID triggered record government ...
Uber (NYSE:UBER) agreed to end a pact to purchase Delivery Hero's (OTCPK:DLVHF) foodpanda business in Taiwan. The decision to terminate the deal comes after regulators, including the Taiwan Fair ...