Prosus, the Dutch-based global technology investor controlled by South Africa’s Naspers, is reportedly preparing to reduce its ownership in Delivery Hero as part of efforts to gain regulatory approval for its proposed acquisition of Just Eat Takeaway.com.\nThe European Commission has reportedly urged Prosus to either significantly reduce or fully divest its 27% stake in the German food delivery company, Delivery Hero. This move is seen as a necessary step to address potential antitrust concerns arising from Prosus’s expanding influence in the European food delivery market. The individuals, who requested anonymity due to the confidential nature of the discussions, noted that the exact size of the stake to be sold has not yet been finalized, and no definitive decisions have been made.\n\nIn a statement, a Prosus spokesperson confirmed that the company has been engaged in \"constructive conversations\" with the European Commission. \"We have submitted remedies that directly and comprehensively address the concerns expressed in their preliminary assessment, with a view to obtaining a phase 1 approval,\" the spokesperson said.\n\nProsus announced its €4.1 billion agreement to acquire Just Eat Takeaway.com in February. The deal, which is still pending regulatory clearance, represents the largest transaction under CEO Fabricio Bloisi since he assumed leadership in 2024. If approved, the acquisition would position Prosus as the fourth-largest food delivery company globally by gross transaction value, further strengthening its portfolio, which already includes Brazil’s iFood and a significant stake in China’s Meituan.\n\nIn an interview earlier this year, Bloisi emphasized his vision of integrating Prosus’s various food delivery and on-demand service platforms to create \"super apps\" that offer comprehensive lifestyle experiences. The acquisition of Just Eat Takeaway.com is seen as a strategic step toward realizing that ambition.\n\nProsus to acquire Just Eat Takeaway.com for €4.1 billion in major food delivery deal.

Prosus plans to reduce stake in Delivery Hero amid regulatory pressure

Prosus, a Dutch-based technology investor, is preparing to reduce its 27% stake in Delivery Hero to secure regulatory approval for its €4.1 billion acquisition of Just Eat Takeaway.com. The European Commission has urged Prosus to address antitrust concerns by either reducing or divesting its stake. The deal, pending regulatory clearance, would position Prosus as the fourth-largest food delivery company globally.