Takeaway to buy Delivery Hero's German unit in $1b cash-cum-stock deal

Takeaway to buy Delivery Hero's German unit in $1b cash-cum-stock deal

Photo: Delivery Hero website

Takeaway.com NV agreed to acquire the German businesses of Delivery Hero SE for approximately 930 million euros ($1 billion), ending an expensive rivalry in a country where both were competing for market share at the cost of profitability.

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