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Taiwan Blocks Uber Eats-Foodpanda Deal

Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business

Taiwan has blocked Uber Technologies’ planned takeover on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.

Hosted on MSN · 2d

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.

YAHOO!Finance · 1d

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.

Uber Stock Lower After Taiwan Regulators Block $950 Million Foodpanda Deal

Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.

16h

Bernstein not convinced Uber would be successful appealing TFTC on foodpanda

After Delivery Hero (DLVHF) issued a press release stating that the Taiwan Fair Trade Commission has blocked Uber‘s (UBER) pending acquisition of foodpanda in Taiwan, Bernstein notes that Uber ...

Starbucks, Uber, Twilio And A Financial Stock On CNBC's 'Final Trades'

Starbucks said its board approved a quarterly cash dividend of 61 cents per share of outstanding common stock.

2don MSN

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.

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