Delivery Hero cedes German market to Takeaway.com

AMSTERDAM (Reuters) - Takeaway.com and Delivery Hero have settled a costly struggle for supremacy in the German food delivery market, with Takeaway agreeing to buy its larger rival's businesses there for 930 million euros (869.57 million pounds).Markets greeted the agreement as a win for both companies. Shares in Dutch-listed Takeaway jumped 23 percent, while Delivery Hero gained 13 percent after Takeaway agreed to buy the Lieferheld, Pizza.de and foodora businesses in the cash and equity..