
Delivery Hero to buy Korea's Woowa Brothers for $4b

Food delivery start-up Delivery Hero has agreed to acquire Korean peer Woowa Brothers in a deal that values the target at $4 billion and will facilitate exits for several private equity investors.
Germany-headquartered Delivery Hero – which operates in 400 cities across 34 cities in Europe, the Middle East and North Africa, Latin America, and Asia Pacific – will take an initial 88% stake in...
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