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Grab, Delivery Hero Deal Investigation Closed by CCCS

The CCCS has closed its investigation after Delivery Hero and Grab confirmed they were not pursuing a potential sale.

by John Darbie
Mon, Apr 8, 2024 4:22am
in Business
• 2 mins read
14.8k
Grab, Delivery Hero Deal Investigation Closed by CCCS | FinOracle

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Singapore's Competition Watchdog Halts Investigation into Grab and Delivery Hero Deal

In a significant development for the food delivery market in Singapore, the Competition and Consumer Commission of Singapore (CCCS) has officially closed its investigation into the potential deal between Grab Holdings and Delivery Hero. The scrutiny began in early January, sparked by concerns over the possible impact on market competition, as the two giants eyed a collaboration that could have reshaped the sector's landscape.

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