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business/news//The Economic Times
Dutch tech investor Prosus is looking to buy more shares in Delivery Hero.
Prosus is seeking to increase its stake in Delivery Hero to block an Uber takeover.
KEY POINTS
Prosus currently owns 16.83% of Delivery Hero, according to LSEG data.
Prosus is in talks with other Delivery Hero investors about purchasing their shares.
Delivery Hero has officially declined to comment on the potential share acquisition.
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.
Listen to this article in summarized format
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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