Prosus divests Delivery Hero stake to Uber in strategic move. Dutch technology investor Prosus has sold a 4.5 percent stake in Delivery Hero SE to Uber Technologies at 20 euros per share. The transaction involves approximately 13.6 million Delivery Hero shares and generated roughly 270 million euros in gross proceeds for Prosus. This strategic divestment reflects shifting dynamics in the food delivery sector, where major players are consolidating positions and optimizing their portfolios. The deal signals Uber's continued interest in strengthening its presence in the delivery market, while Prosus reallocates capital from its holdings. Such moves demonstrate how large technology investors actively manage their stakes in competitive markets to maximize shareholder value and adapt to evolving business conditions.
Post from MarketNews_en
Log in to interact with content.