Delivery Hero rejects Korean regulator's advice to sell Yogiyo ahead of Woowa buy

Delivery Hero rejects Korean regulator's advice to sell Yogiyo ahead of Woowa buy

Delivery Hero said it would not accept a recommendation by South Korea’s antitrust watchdog for a sale of Delivery Hero’s Yogiyo subsidiary to secure approval for its planned $4 billion takeover of food delivery app owner Woowa Brothers.