Delivery Hero wins approval for Woowa deal in Korea
Private equity investors in Korean food delivery business Woowa Brothers look set for a liquidity event after regulators gave conditional approval for a $4 billion acquisition by Delivery Hero.
The deal was announced 12 months ago but was held up by antimonopoly concerns. Germany-headquartered Delivery Hero – which operates in over 700 cities in about 50 countries – will have to divest its...
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