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Delivery Hero SE
M&A Activity • Feb 21, 2024
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M&A Activity
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News Details
Ad-hoc | 21 February 2024 23:13
Delivery Hero SE: Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are terminated
Delivery Hero SE / Key word(s): Mergers & Acquisitions/Disposal
Delivery Hero SE: Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are terminated
21-Feb-2024 / 23:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
AD-HOC RELEASE
Updated disclosure of inside information under Article 17 of Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation – MAR)
Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are terminated
Berlin, 21 February, 2024 – On September 20, 2023, Delivery Hero SE (“ Delivery Hero ” or the “ Company ”, ISIN: DE000A2E4K43, Frankfurt Stock Exchange: DHER) had confirmed negotiations regarding a potential sale of its foodpanda business in selected Southeast Asia markets covering Singapore, Malaysia, Philippines, Thailand, Cambodia, Myanmar and Laos and subsequently on February 2, 2024 the Company confirmed that the relevant negotiations were still ongoing.
Today, the negotiations for the aforementioned potential sale terminated as the parties could not reach final agreement on the deal terms.
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| Investor Relations Enquiries Christoph Bast Head of Investor Relations [email protected] |
Media Enquiries Corporate Communications [email protected] |
Disclaimer
This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of Delivery Hero SE (“forward-looking statements”). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of Delivery Hero SE and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. We undertake no obligation, and do not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. We accept no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions.
Contact:
Julia Schmidtmann
Senior Director, Capital Markets
End of Inside Information
21-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Delivery Hero SE |
| Oranienburger Straße 70 | |
| 10117 Berlin | |
| Germany | |
| Phone: | +49 (0)30 5444 59 105 |
| Fax: | +49 (0)30 5444 59 024 |
| E-mail: | [email protected] |
| Internet: | www.deliveryhero.com |
| ISIN: | DE000A2E4K43 |
| WKN: | A2E4K4 |
| Indices: | MDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, OTC QB, OTC QX, SIX, Vienna Stock Exchange |
| EQS News ID: | 1842461 |
| End of Announcement | EQS News Service |