Delivery Hero Shares Fall

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. Shares of Delivery Hero fell as much as 9% to €26 in Frankfurt on Friday after the Taiwan Fair Trade Commission ruled the proposed takeover of Foodpanda could reduce competition.
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%.
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 slumps as sale of Taiwan subsidiary to Uber blocked
Delivery Hero tumbled on Friday after the sale of its Taiwan subsidiary to Uber Technologies was blocked. The Taiwan Fair Trade Commission ruled that the proposed takeover of Foodpanda could reduce competition.
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 FTC halts Uber’s Foodpanda deal over competition issues
"Taiwan FTC halts Uber’s Foodpanda deal over competition issues" was originally created and published by Verdict Food Service, a GlobalData owned brand.
Taiwan blocks Uber’s $1.3 billion Foodpanda deal over competition concerns
Uber and German food delivery firm Delivery Hero announced the Taiwan deal in May. Read more at straitstimes.com.
Taiwan blocks $950 mn Uber-Foodpanda deal, merger to exceed 90% market share
Taiwan has blocked Uber Technologies’ $950 million purchase of Delivery Hero’s Foodpanda business because of concerns it would be anti-competitive
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
Taiwan blocks Uber's $950 mln Foodpanda deal, CNA reports
Uber and Delivery Hero announced the Taiwan deal in May, which also included a separate agreement for Uber to purchase $300 million worth of newly issued shares of the German food delivery firm
Delivery Hero sinks after Taiwan blocked sale of unit to Uber
Delivery Hero AG (ETR:DHER) shares fell sharply on Friday, marking their biggest decline in two weeks, after Taiwan blocked the sale of its local subsidiary to Uber Technologies (NYSE:UBER). Taiwan’s Fair Trade Commission found that Uber’s planned acquisition of Foodpanda could harm market competition.
Uber Disappointed as Taiwan Rejects Deal for Delivery Hero Unit
(Bloomberg) -- Uber Technologies Inc. said it remained committed to Taiwan after the island’s anti-trust regulator rejected ...
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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 ...