Delivery Hero Shares Fall After Taiwan Halts Uber's Foodpanda Takeover
Delivery Hero shares fell after Taiwan blocked Uber Technologies' planned $950 million takeover of Foodpanda's local delivery business on anticompetition concerns. In early European trading, shares were down 7.7% at 26.38 euros. Year to date, shares have risen 5.5%.
Uber stock was lower after regulators in Taiwan blocked its plan to acquire a competitor in the market for $950 million.
U.S. stock futures are lower after tech stocks helped fuel a Christmas Eve rally. Here's what investors need to know today.
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