Prosus asks EU to end forced sale of Delivery Hero stake

Prosus has requested the European Commission to terminate the requirement to divest its stake in Delivery Hero, which was imposed as a condition for approving its acquisition of Just Eat Takeaway.com in August 2025. Under the terms of the approval, Prosus committed to reducing its shareholding in Delivery Hero to address competition concerns. To date, the company has sold a 4.5% stake in Delivery Hero to Uber at €20.00 per share, generating approximately €270 million in gross proceeds. This transaction represented a premium of around 22% to the 1-month volume-weighted average price (VWAP) of Delivery Hero shares as of 16 April 2026.

Prosus has previously also sold a 5% interest in Delivery Hero to Aspex Management. The company has maintained that it remains committed to fulfilling its obligations under the European Commission’s conditions within the required timeframe. However, it has now formally asked regulators to reconsider the necessity of the ongoing divestment requirement, citing evolving market conditions and the progress already made in reducing its stake. The European Commission has not yet responded to the request.