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Uber, Taiwan and foodpanda
Uber's Purchase of Foodpanda Blocked by Taiwanese Regulators
Regulators in Taiwan blocked Uber's $950 million purchase of online food delivery and ordering platform Foodpanda.
Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.
Taiwan FTC blocks Uber’s $950M purchase of Foodpanda, Reuters says
M purchase of Delivery Hero’s (DLVHF) Foodpanda business over concerns it would be anti-competitive, Reuters reports. Delivery Hero said in a statement Uber may appeal the commission’s decision or terminate the acquisition.
Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
Uber, Delivery Hero and Foodpanda did not immediately respond to requests for comment outside regular business hours. In a media briefing, the commission stated that the merger is prohibited because its negative impact on market competition outweighs the overall economic benefits,
Taiwan blocks Uber's $950 million purchase of Delivery Hero's Foodpanda
The acquisition would have been one of Taiwan's largest outside of the chip industry, marking a retreat for Delivery Hero from Asia
Delivery Hero Falls 9% After Sale of Taiwan Unit to Uber Blocked
Delivery Hero SE shares fell the most in two weeks in the first day of trading after Taiwan blocked the sale of its subsidiary there to Uber Technologies Inc.
Bernstein Unconvinced Uber Will Win If It Appeals Against Taiwan FTC On Foodpanda Acquisition: Retail’s Upbeat On Stock
After Taiwan’s anti-trust regulator rejected Uber Technologies’ bid to acquire Delivery Hero’s Foodpanda, citing anti-competitive concerns, Bernstein reportedly said they remain unconvinced if Uber will win if it decides to appeal against the decision.
6d
on MSN
Taiwan Blocks Uber Purchase of Delivery Hero’s Arm, CNA Says
(Bloomberg) -- Taiwan has rejected
Uber
Technologies Inc.’s plan to acquire Delivery
Hero
SE’s Foodpanda local business ...
5d
Uber reacts to regulatory snub in Taiwan
Uber Technologies ( NYSE: UBER) issued a statement on Thursday after the company's planned $950 million acquisition of ...
Free Malaysia Today
6d
Taiwan blocks Uber’s US$950mil purchase of Delivery Hero unit
Taiwan’s anti-trust regulator rejected
Uber
Technologies Inc’s plan to buy Delivery
Hero
SE’s Foodpanda business on the ...
SchaeffersResearch.com
5d
Uber Stock Falters After Taiwan Blocks Acquisition
Uber Technologies (UBER) stock is lower today, after Taiwan blocked its acquisition of food delivery business foodpanda ...
Seeking Alpha
6d
Uber's $950M purchase of Delivery Hero's Foodpanda business blocked by Taiwan
Uber
Technologies' (NYSE:
UBER
) planned $950 million acquisition of Delivery
Hero
SE's (DHERO) Foodpanda business in Taiwan was blocked by the country's antitrust regulator. The acquisition was ...
4d
Starbucks, Uber, Twilio And A Financial Stock On CNBC's 'Final Trades'
Starbucks said its board approved a quarterly cash dividend of 61 cents per share of outstanding common stock.
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