Uber To Announce Deal To Buy Rival Careem As Early As This Week: Bloomberg

www.oann.com | 3/15/2019 | Staff
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(Reuters) – Uber Technologies Inc will announce plans to acquire Dubai-based rival Careem Networks FZ as early as this week, Bloomberg reported on Sunday, citing people familiar with the matter.

Uber will pay $1.4 billion in cash and $1.7 billion in convertible notes, which will be convertible into Uber shares at a price...
(Excerpt) Read more at: www.oann.com
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