Prosus sells 4.5 percent Delivery Hero stake to Uber
Prosus agreed to sell 13.6 million shares of Delivery Hero to Uber for 318 million dollars. The transaction helps meet European competition requirements.
Xurve View
Insights:
Xurve View
PROSUS NV, a major technology investor based in the Netherlands, has reached an agreement to sell a 4.5% stake in the Germany-based food delivery platform DELIVERY HERO SE to UBER TECHNOLOGIES INC. The transaction is valued at approximately 270 million euros, which translates to roughly $318.06 million based on current exchange rates.
