Delivery Hero: Share price at record low - background and effects

Delivery Hero: Share price at record low - background and effects

according to a report by www.wallstreet-online.de,

Delivery Hero's share price has fallen to a new record low amid rumors of the failed sale of its Foodpanda business to Grab Holdings. Analysts expressed surprise at this development, noting that the proposed sale would have improved Delivery Hero's financial situation and made the food delivery service more attractive for investment. It is currently being discussed whether the failed deal would require an official ad hoc announcement.

The impact of this incident on the market could be significant. According to the report from Singapore, Asia is considered a key market for Delivery Hero. A failed sale in this region could weaken investor confidence in the company and lead to a further decline in share price. This could also deter potential investors and harm Delivery Hero's long-term competitiveness.

In terms of the financial industry, the failed sale could have an impact on the industry's perception of M&A transactions. Such an event could cause other companies to become more cautious about similar sales and potential buyers to be more cautious.

Overall, the current situation points to uncertainty and turmoil surrounding Delivery Hero, which may require further action. It remains to be seen how the situation will develop in the coming weeks and whether Delivery Hero will take measures to restore investor confidence.