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Uber terminates foodpanda Taiwan acquisition

TechCrunch on MSN · 14h

Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles

Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes

Bloomberg on MSN · 9h

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 · 23h

Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee

Uber has decided to 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. Uber said in an emailed statement that it would not appeal the decision of the Taiwan Fair Trade Commission.

4h

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 ...

8hon MSN

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