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Taiwan Market Regulator Blocks Delivery Hero's $600 Mln Foodpanda Business Sale To Grab Holdings
Source: Nasdaq
M&A & RestructuringAntitrust & CompetitionRegulation & Legislation
The Taiwan Fair Trade Commission has not approved Delivery Hero's proposed sale of its foodpanda business in Taiwan to Grab Holdings, citing competition concerns. The article provides no further details on the review or the transaction's next steps.
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