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ComfortDelGro: Part Ways With Uber.

25 May 2018 17:06

ComfortDelGro Corporation Limited and Uber Technologies, Inc. have agreed to dissolve the strategic agreement that they entered into in December 2017. As a result, ComfortDelGro will no longer be acquiring the 51-percent-stake in Uber's wholly-owned car rental subsidiary in Singapore, Lion City Holdings Pte Ltd. Consequently, the application to the Competition and Consumer Commission of Singapore will be withdrawn...

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Source: ShareInvestor Express