The British food delivery service Deliveroo $ROO (+20,12%) has officially confirmed that a takeover bid from US competitor DoorDash $DASH (+0,23%) is on the table. This rumor had been floating around since last year, when earlier talks about a potential purchase stalled due to differing views on the company's valuation. Negotiations were broken off in May 2022, but the current offer could breathe new life into the discussions. A merger between these two heavyweights in the food delivery industry could not only shake up market shares, but also set new standards in the delivery services industry. The question remains as to how the two companies will react to their previous differences and whether they can now develop a common vision for the future.
In the USA, Volkswagen $VOW3 (+1,74%)-CEO Oliver Blume caused a stir by questioning the planned end of new combustion cars in 2035. In a revealing interview, Blume expressed his approval of a proposal from the EU Commission that envisages a three-year compensation mechanism for the CO₂ fleet targets from 2025 to 2027. This concept could give manufacturers more leeway to achieve their CO₂ targets without losing valuable savings. Blume emphasized that politicians urgently need to provide more support in order to really master the challenges associated with the upcoming milestones. Given the changing framework conditions in the automotive industry and the focus on sustainability, how these discussions develop and what role the company will play in them could be crucial for Volkswagen.
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