Prosus deadline for Delivery Hero sale extended to Oct 11
The European Commission plans to extend the deadline for Prosus to sell its Delivery Hero stake until October 11. This follows a recent takeover bid from Uber.
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Netherlands-based Prosus reportedly secured a deadline extension until October 11 to sell its stake in Delivery Hero. The extension follows a bid from Uber for the assets of Delivery Hero. Bloomberg News reported the European Commission is planning the move, though Reuters could not immediately verify the report.
Bloomberg News reported on Tuesday evening that the European Commission will move the divestment cutoff. The report cited people familiar with the matter who said the new date is October 11.
