Turkish competition board approves Uber acquisition of Getir delivery business
The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.’s acquisition of the delivery arm of Turkey’s Getir from Emirati controlling shareholder Mubadala.
“The commitment by Uber Technologies Inc. to invest a total of US$500 million in Turkey is expected to support high-quality employment, strengthen local engineering capabilities, and positively contribute to the development of Turkey’s digital and technology infrastructure,” the competition board said.
