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Mubadala applies to take full control of Turkey’s Getir

Summary by AGBI
Majority stake acquired in June Company once worth $12bn Focused on Turkey since April The Abu Dhabi sovereign wealth fund Mubadala has formally applied to take full control of the Turkish grocery delivery startup Getir. Mubadala had taken a majority controlling stake in the company in June this year as part of a restructuring programme, with a capital injection of $250 million. The filing to take over Getir was made with Turkey’s Competition B…

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shiftdelete.netshiftdelete.net

UAE's Mubadala applied to the Competition Authority to take control of Getir!

UAE-based investment fund Mubadala has applied to the Competition Authority to acquire the entirety of Getir. Here are all the details... UAE-based Mubadala has applied to the Competition Authority to acquire the entirety of Getir!

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AGBIAGBI

Mubadala applies to take full control of Turkey’s Getir

Majority stake acquired in June Company once worth $12bn Focused on Turkey since April The Abu Dhabi sovereign wealth fund Mubadala has formally applied to take full control of the Turkish grocery delivery startup Getir. Mubadala had taken a majority controlling stake in the company in June this year as part of a restructuring programme, with a capital injection of $250 million. The filing to take over Getir was made with Turkey’s Competition B…

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bloomberght.combloomberght.com

Mubadala applies to Competition Authority to take sole control of Getir - Bloomberg HT

Mubadala is taking a majority and controlling stake in Getir’s grocery and food delivery businesses. As the parties announced in June, the majority and controlling stake in Getir’s other businesses, such as e-commerce and mobility, will be transferred to the Getir founders.

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