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Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover, FT reports

Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover, FT reports

- Prosus PRX.AS is considering raising its stake in Delivery Hero DHER.DE 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.

The move is aimed at thwarting a takeover attempt for Germany's ‌Delivery Hero by Uber UBER.N, the FT said. Prosus holds a 16.83% holding in the Berlin-based food-delivery company, according to LSEG data.

Reuters couldn't immediately verify the report.


(Reporting by Kanjyik Ghosh in Barcelona; Editing by Sharon Singleton)

((Kanjyik.Ghosh@thomsonreuters.com;))

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