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Swvl’s $100m acquisition of Smart Bus startup Zeelo is off, amid tech stocks slump

par Mike Butcher | Juil 29, 2022 | Addison Lee, Bulgaria, business, ceo, Co-founder, coach, Companies, economy, electric bus, ETF Partners, Europe, General Electric, Inmotion Ventures, Mergers and Acquisitions, South Africa, Swvl, TC, technology, U.S. Securities and Exchange Commission, Uganda, United Kingdom, United States

All is not well with the proposed acquisition of UK start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition was on the cards, and, indeed, both companies confirmed it was, though not the price. Swvl, an...

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