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Delivery Hero SE
M&A Activity • Feb 2, 2024
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M&A Activity
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Ad-hoc | 2 February 2024 12:30
Delivery Hero SE: Negotiations regarding a potential sale of Delivery Hero SE’s foodpanda business in selected markets in Southeast Asia are ongoing
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 ongoing
02-Feb-2024 / 12:30 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 ongoing
Berlin, 2 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 Asian markets covering Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos (“ Potential Sale ”).
There are market rumors that the negotiations for the Potential Sale have collapsed. We confirm that the negotiations for the Potential Sale are ongoing, and, thus, the rumors are false.
In any event, if an agreement is reached, approval of the Supervisory Board, which is still outstanding, will need to be obtained for execution of any definitive agreement. If signed, the transaction is expected to be subject to certain conditions including obtaining the necessary regulatory approvals in the relevant jurisdictions.
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| Investor Relations Enquiries Christoph Bast Head of Investor Relations [email protected] |
Media Enquiries Isobel Hambleton 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:
Christoph Bast
Head of Investor Relations
End of Inside Information
02-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: | 1829283 |
| End of Announcement | EQS News Service |