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Uber has agreed to buy an additional 4.5% stake in Delivery Hero.
Uber is acquiring an additional 4.5% stake in Delivery Hero from Prosus for €270 million.
KEY POINTS
- Prosus is selling Delivery Hero shares to comply with EU conditions for its Just Eat Takeaway.com acquisition.
- Uber's purchase price of €20 per share is below Delivery Hero’s latest close but above recent averages.
- The European Commission may adopt a more flexible stance on mergers to boost global competitiveness.
COMPANIES
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