Find XO: Naver Gives Up on Acquiring Baemin, Uber Deal Expected to Conclude in the Second Half of 2027 (platum.kr)

- Naver announced in a re-disclosure on September 17 that it will not acquire a stake in Baedal Minjok. - The remaining matter is Uber's tender offer to purchase all of Delivery Hero shares at 41.50 euros per share, and even after the subscription period ending on November 5, it will require approval from competition authorities in multiple countries, expected to be finalized in the second half of 2027. - For teams dealing with Baemin, although the owner is decided, the state remains unchanged for over a year, so it is appropriate to arrange contracts considering this.