Prosus given more time to comply with Delivery Hero stake sale, EU regulators say (updated)
UPDATE 1-Prosus given more time to comply with Delivery Hero stake sale, EU regulators say Adds details
By Foo Yun Chee
BRUSSELS, June 1 (Reuters) - Dutch technology investor Prosus PRX.AS has been given more time to comply with its pledge to sell down its stake in Delivery Hero DHER.DE, EU antitrust regulators said on Monday.
Prosus secured EU antitrust approval to buy Just Eat Takeaway last year after agreeing to reduce its 27.4% stake in Delivery Hero to below a specified very low percentage within 12 months.
That has allowed rival Uber UBER.N to more than double its stake in Delivery Hero to about 19.5% to become the largest shareholder.
Prosus is majority owned by South Africa's Naspers NPNJn.J.
"We can confirm that on 29 May 2026, following a request from Naspers, we extended the deadline for the implementation of the remedies. Naspers still has to fully comply with the commitments," a European Commission spokesperson said.
The spokesperson said Prosus had proposed the concessions and that regulators had not imposed them on the company.
(Reporting by Foo Yun Chee;
Editing by Sudip Kar-Gupta and Susan Fenton)((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))
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