Future Tech

Delivery Hero shares slip as it flags potential antitrust fine

Tan KW
Publish date: Mon, 08 Jul 2024, 05:35 PM
Tan KW
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Future Tech

 Shares in Delivery Hero slump 16% to their lowest levels since February, after the German online food takeaway firm said it may face a fine exceeding 400 million euros ($433 million) due to antitrust violations.

The company said it would "significantly" increase the corresponding provisions, which it had previously built in the amount of 186 million euros.

 


  - Reuters

 

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