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Uber offers more than one billion euros to buy Daimler/BMW's freenow - Manager Magazin

Published 21/10/2020, 13:26
Updated 21/10/2020, 13:35
© Reuters. Uber and Lyft drivers demonstrate over basic employee rights in California

FRANKFURT (Reuters) - Ride-hailing firm Uber (N:UBER) has offered more than 1 billion euros to buy Daimler (DE:DAIGn) and BMW's (DE:BMWG) joint mobility services company Freenow, Manager Magazin said on Wednesday.

© Reuters. Uber's logo is pictured at its office in Bogota

While Daimler is ready to sell, BMW's Chief Executive Oliver Zipse is wavering about selling up, and is instead open to offering Uber a stake, Manager Magazin added.

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