Uber agreed to purchase a 4.5% stake in Delivery Hero for about €270 million at €20 per share from Prosus.
The deal will raise Uber’s holding to roughly 7% of Delivery Hero, supporting its expansion in European food‑delivery markets.
Prosus will cut its ~27% stake to under 10% by Aug 2026 to meet rules tied to its €4.1 bn Just Eat Takeaway takeover.
Activist Aspex Management, holding ~9% of Delivery Hero, threatens CEO Niklas Östberg’s removal unless underperforming assets are sold.