Synopsis
Dutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus already holds a significant stake in the German food delivery company. Talks are underway with other investors about selling their shares. Delivery Hero has declined to comment on the development.
Prosus is considering raising its stake in Delivery Hero and has spoken to other investors about the price at which they would be willing to sell their shares to the Dutch tech investor, the FT reported on Monday, citing people familiar with the matter.
Delivery Hero declined to comment, while Prosus did not immediately reply to a request on the matter.
The move is aimed at thwarting a takeover attempt for Germany’s Delivery Hero by Uber, the FT said. Prosus holds a 16.83% holding in the Berlin-based food-delivery company, according to LSEG data.
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