Mubadala Investment Company – disposal of Getir

Summary by AI BETAClose X

Mubadala Investment Company has entered into an agreement with Uber Technologies, Inc. for Uber to acquire Getir's delivery portfolio in Türkiye, including food, grocery, retail, and water delivery, subject to regulatory approval. The transaction involves Uber acquiring 100 percent of Getir's food delivery business on a cash and debt-free basis, and a 15 percent stake in Getir's remaining delivery business, with the rest of the portfolio to be acquired in phases over the next few years contingent on performance conditions.

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