Key facts
- Prosus NV has been granted an extension until October 11 to sell its stake in Delivery Hero SE.
- The European Commission is overseeing this deadline.
- The extension aims to prevent a potential takeover of Delivery Hero by Uber Technologies Inc.
The European Commission has decided to extend the deadline for Prosus NV to divest its stake in Delivery Hero SE. The new deadline is set for October 11. This decision provides Prosus with additional time to manage its holdings and potentially counter a possible takeover bid for Delivery Hero by Uber Technologies Inc. The regulatory body's intervention aims to give Prosus breathing room in a complex market situation involving significant corporate stakes and potential acquisitions.