Clifford Chance Advises Delivery Hero on US$600 Million Sale of foodpanda Taiwan to Grab

"Clifford Chance is advising Delivery Hero SE on the US$600 million sale of its foodpanda Taiwan delivery platform to Grab Holdings, paid in cash on a cash-free, debt-free basis. The deal—Grab’s first expansion outside Southeast Asia into Taiwan—is subject to regulatory approvals and is expected to close in the second half of 2026. Clifford Chance’s Singapore team was led by Valerie Kong (supported by Ivan Chan, George Lau and Cecilia Chan); Lee & Li advised on Taiwanese law."