Prosus weighs larger Delivery Hero stake to block Uber

Prosus is exploring an increased stake in Delivery Hero to prevent a takeover by Uber. The Dutch firm has reportedly consulted investors about share pricing.

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PROSUS NV is considering increasing its 16.83% stake in DELIVERY HERO SE to block a potential takeover by UBER TECHNOLOGIES INC. The Netherlands-based investor has approached other shareholders regarding their exit prices. The move aims to thwart Uber's reported acquisition interest in the Berlin-based food-delivery company.

### Prosus Defends Its German Foothold Prosus has spoken to other investors about the price at which they would be willing to sell their shares, according to people familiar with the matter. Prosus currently holds a 16.83% stake in Delivery Hero, according to LSEG data. Uber is exploring an acquisition of the company, the Financial Times reported on Monday.

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