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Investegate |Delivery Hero SE Announcements | Delivery Hero SE: Delivery Hero welcomes Woowa to the group

Investegate |Delivery Hero SE Announcements | Delivery Hero SE: Delivery Hero welcomes Woowa to the group
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Republic Of , United States , South Korea , Sigrid Dalberg Krajewski , Deutscher Aktienindex , Daniel Fard Yazdani , Bongjin Kim , Korea Fair Trade Commission On , Korea Fair Trade Commission , Woowa Brothers Corp , Delivery Hero , Asia Pacific , Latin America , Middle East , குடியரசு ஆஃப் , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , டேனியல் பார்ட் யாஜ்டனி , கொரியா நியாயமான வர்த்தகம் தரகு ஆன் , கொரியா நியாயமான வர்த்தகம் தரகு , டெலிவரி ஹீரோ , ஆசியா பெஸிஃபிக் , லத்தீன் அமெரிக்கா , நடுத்தர கிழக்கு ,

Delivery Hero expects 1.4 bln euro impairment on Woowa acquisition

Article content
FRANKFURT German online takeaway food company Delivery Hero said on Wednesday it will have to take an impairment of up to 1.4 billion euros ($1.7 billion) on its takeover of South Korean food delivery app owner Woowa Brothers.
The transaction, which has just received regulatory clearance, was signed in December 2019. At the time Delivery Hero agreed to pay 1.7 billion euros in cash and 1.9 billion euros in shares based on a 20-day average share price of 47.47 euros.
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Delivery Hero expects 1.4 bln euro impairment on Woowa acquisition Back to video ....

South Korea , South Korean , Jan Harvey , Arno Schuetze , Korea Fair Trade Commission On , Delivery Hero , December Delivery Hero , Korea Fair Trade Commission , தெற்கு கொரியா , தெற்கு கொரியன் , ஜான் ஹார்வி , அர்னோ ஸ்சுெதிஜெ , கொரியா நியாயமான வர்த்தகம் தரகு ஆன் , டெலிவரி ஹீரோ , டிசம்பர் டெலிவரி ஹீரோ , கொரியா நியாயமான வர்த்தகம் தரகு ,

Delivery Hero SE (via Public) / Delivery Hero to receive regulatory approval for its strategic partnership with Woowa

Delivery Hero to receive regulatory approval for its strategic partnership with Woowa
Delivery Hero to receive regulatory approval for its strategic partnership with Woowa
28 Dec 2020
by Press team
Following the announcement by the Korea Fair Trade Commission on December 28, Delivery Hero will receive conditional regulatory approval for the strategic partnership with Woowa Brothers Corp., South Korea s largest online food delivery platform
As part of the transaction, a joint venture will be established in Singapore to manage the foodpanda operations of the Delivery Hero Group and Woowa entities in Asia
The strategic partnership will enable both parties to leverage market insights, technology expertise and operational know-how across all verticals, including food delivery, fintech, quick commerce, and other business areas ....

United States , Hong Kong , Republic Of , South Korea , South Korean , Jakob Angele , Sigrid Dalberg Krajewski , Deutscher Aktienindex , Daniel Fard Yazdani , Bongjin Kim , Delivery Hero Korea , Delivery Hero Group , Korea Fair Trade Commission On , Korea Fair Trade Commission , Global Corporate Communications , Woowa Brothers Corp , Delivery Hero , Executive Director , Latin America , Middle East , Baedal Minjok , Global Corporate , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , குடியரசு ஆஃப் , தெற்கு கொரியா ,

Investegate |Delivery Hero SE Announcements | Delivery Hero SE: Delivery Hero to receive regulatory approval for its joint venture with Woowa

DGAP-News: Delivery Hero SE
/ Key word(s): Regulatory Approval/Mergers & Acquisitions
Delivery Hero to receive regulatory approval for its joint venture with Woowa
28.12.2020 / 09:51
The issuer is solely responsible for the content of this announcement.
Following the announcement by the Korea Fair Trade Commission on December 28, Delivery Hero will receive conditional regulatory approval for the strategic partnership with Woowa Brothers Corp., South Korea s largest online food delivery platform
As part of the transaction, a joint venture will be established in Singapore to manage the foodpanda operations of the Delivery Hero Group and Woowa entities in Asia
The strategic partnership will enable both parties to leverage market insights, technology expertise and operational know-how across all verticals, including food delivery, fintech, quick commerce, and other business areas ....

United States , Hong Kong , Republic Of , South Korea , South Korean , Jakob Angele , Sigrid Dalberg Krajewski , Deutscher Aktienindex , Daniel Fard Yazdani , Bongjin Kim , Delivery Hero Korea , Delivery Hero Group , Korea Fair Trade Commission On , Korea Fair Trade Commission , Global Corporate Communications , Woowa Brothers Corp , Delivery Hero , Executive Director , Latin America , Middle East , Global Corporate , Investor Relations , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , குடியரசு ஆஃப் , தெற்கு கொரியா ,

Delivery Hero to sell South Korean unit for $4 billion | Companies

Following the announcement by the Korea Fair Trade Commission on December 28, Delivery Hero will receive conditional regulatory approval for the strategic partnership with Woowa Brothers Corp., South Korea’s largest online food delivery platform.
South Korean Delivery Hero
As part of the transaction, a joint venture will be established in Singapore to manage the foodpanda operations of the Delivery Hero Group and Woowa entities in Asia.
The strategic partnership will enable both parties to leverage market insights, technology expertise and operational know-how across all verticals, including food delivery, fintech, quick commerce, and other business areas
The regulatory approval will be conditional on Delivery Hero divesting its South Korean subsidiary Delivery Hero Korea LLC (including “Yogiyo”) as well as on behavioural remedies applicable to the operation of Delivery Hero Korea LLC until completion of divestiture. ....

South Korea , Korea Fair Trade Commission On , Woowa Brothers Corp , Korea Fair Trade Commission , Delivery Hero , தெற்கு கொரியா , கொரியா நியாயமான வர்த்தகம் தரகு ஆன் , கொரியா நியாயமான வர்த்தகம் தரகு , டெலிவரி ஹீரோ ,