The European Commission is planning to extend a critical deadline for Prosus NV to sell down a stake in Delivery Hero SE to October, buying the investor some meaningful time to thwart another possible takeover attempt of the food delivery service by Uber Technologies Inc.
The European Commission is planning to extend a critical deadline for Prosus NV to sell down a stake in Delivery Hero SE to October, buying the investor some meaningful time to thwart another possible takeover attempt of the food delivery service by Uber Technologies Inc.
Prosus NV has asked the European Union to drop a requirement that it sell shares in Delivery Hero SE, part of antitrust approval for its acquisition of another delivery platform, people familiar with the matter said.
Prosus NV has asked the European Union to drop a requirement that it sell shares in Delivery Hero SE, part of antitrust approval for its acquisition of another delivery platform, people familiar with the matter said.
The headquarters of Delivery Hero SE in Berlin. Photographer: Krisztian Bocsi/Bloomberg
Prosus NV fell to the lowest in more than a year after the Dutch technology investor released an update that analysts said showed the guidance for food-delivery units Just Eat Takeaway.com and iFood was weaker than expected.
Prosus NV fell to the lowest in more than a year after the Dutch technology investor released an update that analysts said showed the guidance for food-delivery units Just Eat Takeaway.com and iFood was weaker than expected.
A Just Eat courier. Photographer: Jason Alden/Bloomberg
Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
The Delivery Hero AG logo sits on display as an employee speaks on a fixed-line telephone inside the company's headquarter offices in Berlin, Germany, on Friday, Dec. 8, 2017. Delivery Hero competes with app-based takeout services including Just Eat Plc, GrubHub Inc. and Takeaway.com. Photographer: Krisztian Bocsi/Bloomberg
Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).
Uber Technologies Inc. is raising its holding in Germany’s Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).
The Delivery Hero logo. Photographer: Krisztian Bocsi/Bloomberg
Delivery Hero SE’s biggest shareholder Prosus NV is considering selling a roughly 10% stake to Aspex Management, the delivery food company’s No. 2 holder, people familiar with the matter said, a move that would heap pressure on management to push ahead with asset sales.
Delivery Hero SE’s biggest shareholder Prosus NV is considering selling a roughly 10% stake to Aspex Management, the delivery food company’s No. 2 holder, people familiar with the matter said, a move that would heap pressure on management to push ahead with asset sales.
Just Eat Takeaway.com NV founder Jitse Groen will step down as chief executive officer of the food-delivery company and will be succeeded by an executive at its new owner Prosus NV.
Just Eat Takeaway.com NV founder Jitse Groen will step down as chief executive officer of the food-delivery company and will be succeeded by an executive at its new owner Prosus NV.
Prosus NV posted a rise in profit in the first half of the fiscal year off the back of rapid growth in its e-commerce business and the sale of some of its stake in China’s Tencent Holdings Ltd.
Prosus NV posted a rise in profit in the first half of the fiscal year off the back of rapid growth in its e-commerce business and the sale of some of its stake in China’s Tencent Holdings Ltd.
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