[단독]German delivery hero, Yogiyo, throws away and embraces bad guys

FILES-GERMANY-MARKETS-STOCKS-WIRECARD-DELIVERY-HERO © AFP=News1

Germany’s Delivery Hero (DH) accepts the Fair Trade Commission’s conditional approval decision to sell’Yogiyo’ to take over its elegant brothers (Baedal’s ethnic operator) and prepares to sell Yogiyo.

According to industry sources on the 28th, Delivery Hero will accept the decision to sell 100% of Yogiyo’s stake issued by the Fair Trade Commission as a condition for a business combination with elegant brothers, and will proceed with the sale. The terms of the sale and the partner company have not been determined.

Delivery Hero, a German-listed company, is expected to disclose such information soon.

Delivery Hero received the FTC’s conditional approval of the merger (selling Yogiyo) in November and went into internal review. As a result, it is said that it has decided to sell Yogiyo and concluded a business combination with elegant brothers.

Currently, Delivery Hero is preparing to notify domestic employees of its decision to sell to its subsidiary Delivery Hero Korea (Yogiyo operator).

An official familiar with the inside news of Delivery Hero said, “German Delivery Hero has been anticipating and preparing for a Yogiyo sale scenario,” and said, “We will directly promote the sale of Yogiyo at the German headquarters level.”

The Fair Trade Commission ordered Delivery Hero to “sell 100% of Delivery Hero Korea’s stake within 6 months.” However, in order to maintain the asset value of Yogi-yo, Yogi-yo kept its current status until the sale of Delivery Hero Korea was completed.

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