Uber terminates foodpanda Taiwan acquisition

Uber Terminates Deal to Buy Delivery Hero’s Taiwan Business
Uber Technologies Inc. has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the island’s antitrust regulator rejected it in December.
Uber terminates Foodpanda Taiwan acquisition, to pay about $250 million termination fee
Uber has decided to terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday. Uber said in an emailed statement that it would not appeal the decision of the Taiwan Fair Trade Commission.
M&A News: Uber Ends its Deal to Acquire Delivery Hero’s Foodpanda on Regulatory Setbacks
Ride-hailing company Uber Technologies (UBER) has ended its pursuit to acquire Delivery Hero’s (DE:DHER) Foodpanda business due to regulatory
Uber Drops Takeover of Delivery Hero's Foodpanda Taiwan Business
Delivery Hero said Uber Technologies ended the agreement to buy the German food-delivery company's Foodpanda business in Taiwan due to regulatory issues. The company said late Tuesday that the move followed the decision by local regulatory authorities to not approve the deal,
Uber terminates Delivery Hero's Foodpanda business acquisition
Uber has decided terminate its agreement to acquire Delivery Hero's Foodpanda business in Taiwan and will pay a termination fee of around $250 million, the food delivery company said on Tuesday. Taiwan had in February blocked Uber's $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive.
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