Uber ends foodpanda Taiwan acquisition

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.
Uber Technologies Terminates Agreement To Acquire Delivery Hero’s Foodpanda Business In Taiwan: Retail Stays Bearish
Uber Technologies Inc (UBER) shares traded nearly 1% higher in Wednesday’s pre-market session despite the company deciding to terminate the agreement to acquire Delivery Hero’s Foodpanda business in Taiwan.
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
Uber Terminates Foodpanda Taiwan Acquisition
Uber has decided to terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and pay a termination fee of around $250 million.
Uber ends acquisition agreement of Delivery Hero’s Taiwan foodpanda business
Delivery Hero (DLVHF) confirmed that Uber Technologies (UBER) has decided to terminate the agreement to acquire Delivery Hero’s foodpanda
Uber Axes Foodpanda Takeover Deal In Taiwan: Here's What Benzinga's Edge Rankings Show
Uber announced that it will terminate its deal to acquire Delivery Hero's Foodpanda in Taiwan after facing regulatory challenges.
Uber Drops Takeover of Delivery Hero's Foodpanda Taiwan Business
Delivery Hero said Uber Technologies ended the agreement to buy the German food-delivery company's Foodpanda business in Taiwan due to regulatory issues. The company said late Tuesday that the move followed the decision by local regulatory authorities to not approve the deal, and the expiration of the appeal period.
Uber drops acquisition of Taiwan Foodpanda business
Uber has abandoned its bid to acquire Foodpanda's operations in Taiwan and will be required to pay a hefty termination penalty. Uber, the parent company of Uber Eats, has terminated its NT$31.28 billion (US$950 million) acquisition of Delivery Hero’s Foodpanda delivery business in Taiwan,
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
Uber has terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. Taiwan had in December blocked the deal on anti-competitive concerns.
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 ...
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Uber terminates deal for Delivery Hero's Taiwan foodpanda business
The decision to terminate the deal comes after regulators, including the Taiwan Fair Trade Commission, decided not to approve the transaction, according to statement from Delivery Hero on Tuesday.