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ASPEX MANAGEMENT
Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: ReportUber no longer plans to launch food delivery in five of the seven countries it had targeted for expansion this year, including Austria, Nor...- Uber raises stake in Delivery Hero ahead of fresh bid, sources sayThe deal with Aspex comes as Uber is working on a new bid to take over the German food delivery company following an indicative €33-per-sha...
- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Delivery Hero CEO to step down amid strategic review, shareholder pressureDelivery Hero's CEO Niklas Oestberg will step down by March 2027. This follows pressure from major shareholders for a strategic review. The...
- Vedanta Resources seeks investor nod to prepay $550-million debtVedanta Resources aims to prepay a $550 million private credit facility by raising $700 million from banks like Barclays and Standard Chart...
- Vedanta Resources seeks $550 million refinancingVedanta Resources is in talks with lenders from the Middle East, Europe, and Japan to refinance a $550 million credit facility maturing in ...
- Naspers and Prosus CEO Bob van Dijk resigns; Myntra experiments with returnsIn a sudden move, Bob van Djik has resigned as CEO and board member of technology investment firm Prosus and its South African parent Naspe...
- Prosus & Naspers CEO Bob van Dijk steps down abruptly; Zomato hits 52-week highIt’s been a day for top-level exits. The really big one: Bob van Dijk, CEO of Dutch-listed technology investment firm Prosus and its parent...
- Nomura sees 19% downside in Zomato; pay hikes galore in logistics, deliveryForeign brokerage Nomura has initiated coverage on Zomato with a 'reduce' rating and a target of Rs 50, which suggests a potential 18.56% d...
- Asia hedge funds scoop up Alibaba, Sea after stock routThe number of Alibaba shares held by the Asia-focused funds increased 311% during the period, while that of Sea jumped by 110%.
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