deliveryhero
The Berlin based food delivery service Delivery Hero has found a buyer for its Foodpanda business in Taiwan, giving it some financial breathing space. The US ride-hailing and delivery service Uber wants to acquire the business for $950 million, Delivery Hero announced in Berlin on Tuesday. The sale is to be finalised in the first half of next year. The US group will also acquire a stake of just under 3% in the MDax-listed company. To this end, around 8.4 million new shares are to be sold to Uber for €33 each ($35.50) via a capital increase. The heavily indebted German company will thus receive...
DPA Breaking News
The Berlin based food delivery service Delivery Hero has found a buyer for its Foodpanda business in Taiwan, giving it some financial breathing space. The US ride-hailing and delivery service Uber wants to acquire the business for $950 million, Delivery Hero announced in Berlin on Tuesday. The sale is to be finalised in the first half of next year. The US group will also acquire a stake of just under 3% in the MDax-listed company. To this end, around 8.4 million new shares are to be sold to Uber for €33 each ($35.50) via a capital increase. The heavily indebted German company will thus receive...
DPA International
The Berlin based food delivery service Delivery Hero has found a buyer for its Foodpanda business in Taiwan, giving it some financial breathing space. The US ride-hailing and delivery service Uber wants to acquire the business for $950 million, Delivery Hero announced in Berlin on Tuesday. The sale is to be finalised in the first half of next year. The US group will also acquire a stake of just under 3% in the MDax-listed company. To this end, around 8.4 million new shares are to be sold to Uber for €33 each ($35.50) via a capital increase. The heavily indebted German company will thus receive...
DPA
The food delivery service company, Delivery Hero said that Emmanuel Thomassin, its chief financial officer, will stay on the job until the end of September. The supervisory board is engaged in evaluating successors. Thomassin joined Delivery Hero in January 2014. He will be leaving to pursue another professional opportunity. "I am proud of the many achievements we have reached together with so many talented leaders across our global organization," Thomassin said. "Delivery Hero's position in its strategic markets and its financial strength form a great base to continue the impressive trajector...
DPA International
The food delivery service company, Delivery Hero said that Emmanuel Thomassin, its chief financial officer, will stay on the job until the end of September. The supervisory board is engaged in evaluating successors. Thomassin joined Delivery Hero in January 2014. He will be leaving to pursue another professional opportunity. "I am proud of the many achievements we have reached together with so many talented leaders across our global organization," Thomassin said. "Delivery Hero's position in its strategic markets and its financial strength form a great base to continue the impressive trajector...
DPA
The food delivery service company, Delivery Hero said that Emmanuel Thomassin, its chief financial officer, will stay on the job until the end of September. The supervisory board is engaged in evaluating successors. Thomassin joined Delivery Hero in January 2014. He will be leaving to pursue another professional opportunity. "I am proud of the many achievements we have reached together with so many talented leaders across our global organization," Thomassin said. "Delivery Hero's position in its strategic markets and its financial strength form a great base to continue the impressive trajector...
DPA Breaking News
The online food ordering and delivery company, Delivery Hero, said on Monday that it will amend and extend its €1.1 billion ($1.2 billion) equivalent term facilities and raise around €500 million equivalent term facility by launching a finance transaction. The financial transaction is expected to extend the current term facilities maturity from August 2027 to December 2029 and lower the term loan cost of debt. At least €300 million of the proceeds will be used to repurchase certain outstanding convertible bonds due in 2025 and 2026 and for general corporate purposes as well which may include a...
DPA Breaking News
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