News about mergers and acquisitions: events, facts and developments on tafs uz.
2 stories
According to The Information and Bloomberg, grocery delivery service Instacart has hired an investment bank to evaluate its options and held talks about a sale with DoorDash and Uber. Uber, according to Bloomberg, withdrew from the discussions. The company's shares rose more than 9.2% on the news.
Aziz KarimovThe European Central Bank approved Italian UniCredit exceeding the 30% threshold of Commerzbank's share capital with no upper limit. By the end of the year, the bank expects to obtain about 50% of voting rights and establish control. The deal faces resistance in Germany: the government, which retains a 13.3% stake, is seeking guarantees on jobs and the headquarters in Frankfurt, but Finance Minister Lars Klingbeil called the negotiations constructive.
Dilnoza Rahimova
