Food > Markets

Amazon gets green light to buy minority stake in Deliveroo

1 month ago   |   By Daily Mail

The CMA said the deal, which will see Amazon buy a 16 per cent stake in Deliveroo for around ££442million, 'will not substantially lessen competition' in the food delivery market.
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Amazon gets thumbs up to buy stake in Deliveroo

Amazon gets thumbs up to buy stake in Deliveroo

1 month ago   |   By Belfast telegraph

The UK's competition watchdog has cleared the way for Amazon to take a stake in food delivery company Deliveroo after finding it would not deal a major blow to competition in the sector.
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The UK cleared Amazon's deal to buy a 16% stake in online food platform Deliveroo, days after Jeff Bezos was grilled by US lawmakers

The UK cleared Amazon's deal to buy a 16% stake in online food platform Deliveroo, days after Jeff Bezos was grilled by US lawmakers

1 month ago   |   By Business Insider

The UK's competition regulator has cleared Amazon's purchase of a 16% stake in UK food delivery unicorn startup Deliveroo, after more than a year of probing the deal.
The probe was upended and delayed by the COVID-19 pandemic, but the deal was provisionally cleared in June after Deliveroo said it might go out of business without the investment.
Deliveroo more recently said its finances and underlying business had improved, and said Tuesday it was delighted by the news.
The deal has been cleared less than week after Amazon CEO Jeff Bezos was grilled by US lawmakers over what they described...
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