Uber contributes more than one billion euros to get Daimler/BMW’s freenow , Claims Manager Magazin

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A passenger holds an Apple Inc. iPhone displaying the Uber Technologies Inc. car service taxi application (app) journey progress screen in this arranged photograph in Budapest, Hungary, on Wednesday, July 13, 2016. Uber will suspend its ride-hailing services in Hungary from July 24 following a government decision to pass a bill that allows authorities to block access to the mobile application and fine media promoting it. Photographer: Akos Stiller/Bloomberg

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

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.

Real rose to a multi week-high against the U.S. dollar after the European Union’s Brexit mediator said that another economic agreement with England was “close enough”.

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