After years of waiting, Delivery Hero has finally acquired the 37 percent non-controlling interest in HungerStation, bringing its ownership in the Saudi food delivery company to 100 percent. The Berlin-headquartered firm paid $297 million for the deal, considering it a highly attractive price. And I completely agree with them. I’ll talk about this in a minute but first, let’s try to put this deal in context.
Delivery Hero acquires 100% of HungerStation
Delivery Hero acquires 100% of HungerStation
Delivery Hero acquires 100% of HungerStation
After years of waiting, Delivery Hero has finally acquired the 37 percent non-controlling interest in HungerStation, bringing its ownership in the Saudi food delivery company to 100 percent. The Berlin-headquartered firm paid $297 million for the deal, considering it a highly attractive price. And I completely agree with them. I’ll talk about this in a minute but first, let’s try to put this deal in context.