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M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Taiwan’s Federal Trade Commission (FTC) has blocked Uber Technologies’ ($UBER) proposed $950 million acquisition of Delivery ...
Yahoo Finance25d
Taiwan FTC halts Uber’s Foodpanda deal over competition issues
Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' proposed $950m acquisition of Delivery Hero's Foodpanda operations ... increase commissions for restaurant operators.” ...
Business Insider26d
Reports: Taiwan Blocks Uber Eats-Foodpanda Deal
(RTTNews) - As per media reports, Taiwan has blocked a transaction between Uber and Delivery Hero's Foodpanda business in Taiwan. In May, Uber Technologies (UBER) and Delivery Hero SE reached an ...
Nasdaq25d
M&A News: Taiwan Blocks Uber’s Foodpanda Acquisition on Competitive Concerns
Noting that the merged entity will have over 90% market share on completion, Taiwan’s FTC vice chairman Chen Chi-ming stated, “If Uber acquires Foodpanda, it will be completely unrestrained by ...