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%.
(Bloomberg) -- Taiwan has rejected Uber Technologies Inc.’s plan to acquire Delivery Hero SE’s Foodpanda local business ...
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Uber reacts to regulatory snub in TaiwanUber Technologies (NYSE:UBER) issued a statement on Thursday after the company's planned $950 million acquisition of ...
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