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14.05.2024 05:19:02 - dpa-AFX: Uber To Acquire Delivery Hero's Foodpanda Delivery Business In Taiwan For $950 Mln In Cash
BERLIN (dpa-AFX) - Uber Technologies Inc. (UBER) agreed to acquire Delivery
Hero's foodpanda delivery business in Taiwan for $950 million in cash. The
acquisition is targeted to close in the first half of 2025.
In the period following closing, foodpanda's local consumers, merchants, and
delivery partners will be transitioned to Uber Eats, Uber Technologies said in a
statement.
The acquisition of foodpanda Taiwan is subject to regulatory approval and other
customary closing conditions.
Separately, the companies have also entered into an agreement for Uber to
purchase $300 million in newly issued ordinary shares of Delivery Hero.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
Hero's foodpanda delivery business in Taiwan for $950 million in cash. The
acquisition is targeted to close in the first half of 2025.
In the period following closing, foodpanda's local consumers, merchants, and
delivery partners will be transitioned to Uber Eats, Uber Technologies said in a
statement.
The acquisition of foodpanda Taiwan is subject to regulatory approval and other
customary closing conditions.
Separately, the companies have also entered into an agreement for Uber to
purchase $300 million in newly issued ordinary shares of Delivery Hero.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
DELIVERY HERO SE NA O.N. | A2E4K4 | Xetra | 29,530 | 28.05.24 17:35:36 | ±0,000 | ±0,00% | 0,000 | 0,000 | 29,550 | 29,530 |
