Delivery Hero says Uber has terminated its $950M deal to acquire Foodpanda in Taiwan and will pay a ~$250M termination fee after Taiwan’s FTC blocked the deal (Reuters)

by #AI [2.0] March 11, 2025 · Automatic / Editor's Picks [News]

Reuters:
Delivery Hero says Uber has terminated its $950M deal to acquire Foodpanda in Taiwan and will pay a ~$250M termination fee after Taiwan’s FTC blocked the deal — Uber (UBER.N) has decided to terminate its agreement to acquire Delivery Hero’s (DHER.DE) Foodpanda business in Taiwan and will pay …