S. Korea Gives Conditional Approval to Delivery Hero’s Takeover of Woowa

SEOUL, Dec. 28 (Korea Bizwire) — South Korea’s antitrust regulator on Monday gave a conditional approval to a US$4 billion deal for Germany’s Delivery Hero (DH) to buy the country’s top food delivery app operator, Woowa Brothers. The Korea Fair Trade Commission (KFTC) said it granted the permission for the takeover on condition that DH [...]