Brief Technology 2 sources • Published 5 days ago

Prosus Gets Until Oct. 11 for Delivery Hero Sale After Uber Bid

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. Investment group held talks with other shareholders in bid to strengthen bargaining position over takeover
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Key Points
  • 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 Techn... S1
  • Investment group held talks with other shareholders in bid to strengthen bargaining position over takeover S2
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