Taiwan Blocks Uber Eats-Foodpanda Deal

Taiwan blocks Uber's $950 million Foodpanda deal over competition concerns
Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday.
Taiwan Blocks Uber’s $950 Million Bid for Delivery Hero Unit
Taiwan’s anti-trust regulator rejected Uber Technologies Inc.’s plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million, arguing it would decrease competition in the fast-growing food-delivery industry.
Reports: Taiwan Blocks Uber Eats-Foodpanda Deal
As per media reports, Taiwan has blocked a transaction between Uber and Delivery Hero's Foodpanda business in Taiwan. In May, Uber
Taiwan regulators block Uber's $950 million Foodpanda deal
Taiwanese antitrust regulators on Wednesday blocked Uber from buying the Taiwan unit of Foodpanda from Delivery Hero for $950 million in cash. Why it matters: This would have been one of the largest foreign acquisitions ever of a Taiwanese company outside of the semiconductor sector.
Uber Disappointed as Taiwan Rejects Deal for Delivery Hero Unit
Uber Technologies Inc. said it remained committed to Taiwan after the island’s anti-trust regulator rejected its plan to buy Delivery Hero SE’s Foodpanda business on the island for $950 million.
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.
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 blocked by Taiwan's Fair Trade Commission,
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Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of ...
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