Prosus to offload 4.5% Delivery Hero stake to Uber for €270m

Dutch concern institution Prosus has agreed to merchantability a 4.5% involvement successful Delivery Hero to Uber for a information of €270m ($317.5m).

The woody volition spot Prosus offload astir 13.58 cardinal mean shares successful the Berlin-based nutrient transportation institution astatine €20 per share.

Prosus is trimming its presumption successful Delivery Hero to conscionable obligations acceptable by the European Commission (EC) successful transportation with its acquisition of Just Eat Takeaway.com.

The EC cleared that acquisition successful August 2025 connected the information that Prosus would sharply trim its shareholding successful Delivery Hero to easiness concerns astir contention successful the nutrient transportation market.

In a statement, Prosus said that the transaction represents “a measurement towards fulfilling those commitments”.

The woody volition trim the concern company’s involvement successful Delivery Hero from 26.3% to 21.8% of the issued stock capital.

Prosus added that it is committed to disposing of the remaining Delivery Hero holding wrong the stipulated deadline.

Commenting connected the deal, Delivery Hero co-founder and CEO Niklas Östberg said: “We invited Uber’s further concern successful Delivery Hero.

“As a planetary tech leader, Uber’s accrued presumption is simply a meaningful endorsement of our platform, our strategy, and our ongoing enactment to present semipermanent worth for each shareholders.”

Once the woody closes, Uber volition fertile arsenic the fourth-largest shareholder successful Delivery Hero, Reuters reported.

The woody aligns with Uber’s European expansion, arsenic it plans to rotation retired nutrient transportation successful Austria, the Czech Republic, Denmark, Greece and Romania, targeting $1bn successful other gross bookings implicit 3 years, according to the quality agency.

Last month, Delivery Hero agreed to merchantability its Taiwan Foodpanda concern to Southeast Asian ride-hailing and transportation institution Grab for $600m successful cash.

"Prosus to offload 4.5% Delivery Hero involvement to Uber for €270m" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

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