November 3, 2016 / 9:15 AM / in a year

BRIEF-Mail.Ru to buy Delivery Club from foodpanda

Nov 3 (Reuters) - Mail.Ru Group Ltd :

* Acquisition of 100 pct of Delivery Club

* Announces signing of acquisition of 100 pct of Delivery Club, number one food delivery company in Russia, from foodpanda

* Deal was signed today and is not subject to any third party approvals

* Total deal value is $100 mln

* $90 mln paid in November for 90 pct of Delivery Club and remaining part in early 2017 for remaining 10 pct of Delivery Club Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below