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HomeTechDelivery Hero shares slip as it flags potential antitrust fine

Delivery Hero shares slip as it flags potential antitrust fine

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(Reuters) – Shares in Delivery Hero slump 16% to their lowest levels since February, after the German online food takeaway firm said it may face a fine exceeding 400 million euros ($433 million) due to antitrust violations.

The company said it would “significantly” increase the corresponding provisions, which it had previously built in the amount of 186 million euros.

($1 = 0.9240 euros)

(Reporting by Paolo Laudani in Gdansk; editing by Milla Nissi)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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