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Uber ends foodpanda Taiwan acquisition

TechCrunch on MSN · 1d

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

Reuters on MSN · 1d

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.

Markets Insider · 1d

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

Zacks.com on MSN20h

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 ...

Uber gives up buying Foodpanda, must pay cancelation fee

Uber Eats is giving up its plan to acquire Foodpanda’s Taiwan delivery service and must pay a fee of US$250 million (NT$8.22 ...

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