Prosus' iFood in advanced talks to buy Alelo for $905 million, reports Valor Economico
23/07/2025 18:34
SAO PAULO, July 23 (Reuters) - Brazilian food delivery app iFood, owned by Dutch technology investor Prosus PRX.AS, is in advanced talks to buy meal voucher company Alelo for about 5 billion reais ($904.75 million), reported Valor Economico newspaper on Wednesday, citing sources. ($1 = 5.5264 reais) (Reporting by Andre Romani; Editing by Kylie Madry) ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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