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.
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 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
Taiwan Blocks Uber-Foodpanda Merger Over Monopoly Concerns
Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition.
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 ...
Bloomberg L.P.4d
European Stocks Set for Modest Weekly Gain; Delivery Hero Slumps
European stocks kept to a narrow range as they resumed trading after the Christmas break, poised for modest weekly gains. The ...
Business Insider5d
Delivery Hero SE (DHER) Gets a Buy from J.P. Morgan
In a report released today, Marcus Diebel from J.P. Morgan maintained a Buy rating on Delivery Hero SE (DHER – Research Report), with a price target of €49.00. The company’s shares closed last ...
5 Things to Know Before the Stock Market Opens
U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.
The Taipei Times6d
FTC blocks Uber’s Foodpanda plan
Uber Technologies Inc’s plan to acquire Delivery Hero SE’s local Foodpanda business for US$950 million has been rejected, the ...
Seeking Alpha6d
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 ...
Global Finance5d
Talabat Stumbles Despite UAE’s Top 2024 Listing
The Middle East subsidiary of Delivery Hero, Talabat, raised $2 billion from an initial public offering on Dec. 10. Talabat ...