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.
Read more ...

 

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.
Read more ...

 

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...
Read more ...

 


Search by Tags

   Markets      Food      UK      Companies      US      Business      News      Finance      Investing  


Rishi Sunak Announces New Job Support Measures for Restaurant Workers

Rishi Sunak Announces New Job Support Measures for Restaurant Workers

Photo by Leon Neal/Getty Images A new model styled on France and Germany's employment policy will see the government subsidise workers on reduced hours Chancellor Rishi Sunak's... Read more ...

Man jailed for 19 weeks over making complaints to police about Ant McPartlin...

Man jailed for 19 weeks over making complaints to police about Ant McPartlin returning to TV

A man has been jailed for 19 weeks for complaining over Ant McPartlin returning to TV A man has reportedly been jailed for 19 weeks after making several complaints over Ant... Read more ...

Morrisons unveils plan to get food to people without needing a delivery slot

Morrisons unveils plan to get food to people without needing a delivery slot

As demand for deliveries surges, Morrisons has come up with a way to get food delivered to families without them needing to book a delivery slot Read more ...

Brits enjoy last late night out ‘for six months' before 10pm curfew starts today

Brits enjoy last late night out ‘for six months' before 10pm curfew starts today

Wednesday night was the last time Britons will be able to head out for a late night drink or meal indefinitely Britons headed out to enjoy a final big night out in pubs, bars... Read more ...

Tracking London Restaurants' Response to the Coronavirus Curfew

Tracking London Restaurants' Response to the Coronavirus Curfew

Wander/Instagram Temporary closures, capacity reductions, new sittings, and more Here we go again. In March, as the novel coronavirus spread in the U.K. , the restaurant and... Read more ...

The New Name For Uncle Ben's Rice Is Here

The New Name For Uncle Ben's Rice Is Here

NEW YORK - The Uncle Ben's rice brand is getting a new name: Ben's Original. Parent firm Mars Inc. unveiled the change Wednesday for the 70-year-old brand, the latest company... Read more ...

Everything You Need to Know About ‘Great British Bake Off' 2020

Everything You Need to Know About ‘Great British Bake Off' 2020

Channel 4 Paul Hollywood and Prue Leith are joined by Matt Lucas and Noel Fielding It's coming up to Great British Bake Off season, motherf******. Now in its new series on... Read more ...

Bake Off: Food for thought as Armagh man Mark serves up Turkish delight

Bake Off: Food for thought as Armagh man Mark serves up Turkish delight

An amateur baker from Northern Ireland has survived the first week of this year's series of The Great British Bake Off. Read more ...

Trump may reject FDA's stricter regulations for COVID-19 vaccine

Trump may reject FDA's stricter regulations for COVID-19 vaccine

Enlarge / The Food and Drug Administration headquarters in White Oak, Maryland. President Donald Trump on Wednesday said he may reject the Food and Drug Administration's plan... Read more ...

The best electric griddles

The best electric griddles

Summary List Placement Cooking for a crowd? An electric griddle may come in handy. An electric griddle can cook a variety of foods, from pancakes to grilled cheese sandwiches... Read more ...