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Delivery Hero sells Taiwan branch for $600 million

March 23 (Reuters) - Delivery Hero DHER.DE has sold its food delivery business in Taiwan to Grab Holdings GRAB.O for $600 million, the German online takeaway food company said on Monday.

Delivery Hero will use the proceeds from the deal to repay its debt, it said in a statement.

(Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak)

((Tristan.veyet@thomsonreuters.com;))

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