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Prosus Pushes EU to Scrap Delivery Hero Stake Sale Requirement

By  |  May 25, 2026
Just Eat

Prosus NV has asked European Union regulators to remove a condition requiring the company to reduce its stake in Delivery Hero SE as part of antitrust approval tied to its acquisition of Just Eat Takeaway.com NV, according to Bloomberg.

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    The Dutch technology investor, which owns roughly 17% of Delivery Hero, is seeking to avoid a forced sale while Uber Technologies Inc. is in talks to acquire the German food-delivery company, people familiar with the matter told Bloomberg. The discussions are private, and the sources requested anonymity.

    Per Bloomberg, Prosus previously agreed to sharply reduce its holding in Delivery Hero after the European Commission raised competition concerns over its planned takeover of Just Eat Takeaway.com. Under the agreement reached last August, Prosus committed to lowering its stake to a “very low percentage” within 12 months. The company also agreed not to exercise voting rights tied to its remaining shares or nominate board members.

    The European Commission did not immediately respond to a request for comment outside normal business hours, according to Bloomberg. A spokesperson for Prosus declined to comment.

    Read more: Prosus Wins EU Antitrust Clearance for $4.76 Billion Just Eat Takeaway Bid

    The developments come as Uber explores a possible acquisition of Delivery Hero. The German company disclosed on Saturday that Uber had offered €33 per share. The proposal represented almost no premium over Delivery Hero’s recent trading price. Shares of Delivery Hero closed at €32.97 on Thursday, one day before Bloomberg reported Uber’s interest in the company.

    Delivery Hero shares have climbed steadily this year, reflecting renewed investor optimism around the food-delivery sector and speculation over consolidation activity.

    Prosus Chief Executive Officer Fabricio Bloisi has publicly criticized the European Commission’s requirement that the company reduce its Delivery Hero position. He described the measure as “a big mistake” and warned it could discourage future investment in Europe, according to Bloomberg.

    Source: Bloomberg