Uber to acquire Middle East rival Careem in a $3.1B deal with $1.7B in convertible notes and $1.4B in cash (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Uber to acquire Middle East rival Careem in a $3.1B deal with $1.7B in convertible notes and $1.4B in cash  —  - Uber's $3.1 billion agreement to buy Careem consists of $1.7 billion in convertible notes and $1.4 billion in cash.  — Dubai-based Careem claims more than 30 million registered users …

from Techmeme https://ift.tt/2Wrvhh3
https://ift.tt/2TVVw2r March 26, 2019 at 12:31PM https://ift.tt/gaIxo5