GRAB · Grab Holdings Limited

Summary

Grab Holdings Limited announced an agreement to acquire Delivery Hero SE's foodpanda delivery business in Taiwan for $600 million in cash on a cash-free and debt-free basis, subject to customary closing adjustments. Closing is expected in the second half of 2026, subject to regulatory approvals and customary conditions.

Key takeaways

• Grab to acquire Delivery Hero’s foodpanda delivery business in Taiwan
• Purchase price: $600 million in cash
• Cash-free and debt-free basis with customary closing adjustments
• Closing expected in second half of 2026
• Subject to regulatory approvals and customary closing conditions