HEADLINE: Getir Founders Sue Abu Dhabi's Mubadala for $700M Over Asset Breakup
LEAD: The founders of Turkish quick-commerce platform Getir have filed suit against Abu Dhabi's sovereign wealth fund Mubadala, claiming $700 million in damages over the breakup of assets, according to Financial Times reporting.
BODY: The lawsuit marks an escalation in the dispute between the fast-growing delivery startup and its major investor. The specific allegations and timeline of the asset separation are not detailed in available reporting.
The case underscores mounting tensions in venture-backed companies as growth-stage investors and founders clash over control, valuation, and exit strategy—particularly as capital markets have tightened since 2022.
WHAT'S NEXT: Watch for court filings that will detail the contractual disputes and valuation methodology at the heart of the claim. The outcome could set precedent for how sovereign wealth funds unwind stakes in private companies.
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