Uber will pay $900 million in cash to take over Foodpanda business in Taiwan. Delivery Hero will issue 8.42 million additional shares, which Uber has agreed to purchase for $300 million. Following the move, Uber would hold around 2.98% of the Delivery Hero's new share capital. The companies are aiming to close the deal by first half of 2025. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
