Business / Corporate Mar 25, 2019
Uber reportedly poised to declare $3.1 billion deal to acquire Mideast rival Careem this week
Uber Technologies Inc. will announce a $3.1 billion cash-and-shares deal to acquire its Dubai-based rival Careem Networks FZ as early as this week, according to sources with knowledge of the matter. The U.S. ride-hailing giant will pay $1.4 billion in cash and $1.7 billion in ...