Glovo to buy Delivery Hero's Balkans units for 170 million euros

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By Jozef in Business
Updated 3 years ago

BARCELONA (Reuters) - Spanish rapid-delivery startup Glovo has agreed to pay 170 million euros ($208 million) to buy the Balkans units of Germany's Delivery Hero, it said on Wednesday, accelerating its expansion after it recently raised fresh cash. The transaction includes the acquisition of Foodpanda in Romania and Bulgaria, Donesi...

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