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Prosus gets until Oct. 11 for Delivery Hero sale after Uber bid, Bloomberg News reports - Finance news and analysis from Global Banking & Finance Review
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Prosus gets until Oct. 11 for Delivery Hero sale after Uber bid, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on June 2, 2026

1 min read

· Last updated: June 2, 2026

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Prosus Gets Deadline Extension for Delivery Hero Sale After Uber Bid

European Commission Extends Prosus Deadline for Delivery Hero Stake Sale

June 2 (Reuters) - The European Commission is planning to extend a deadline for Dutch technology investor Prosus to sell down a stake in Delivery Hero to October 11, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Background on the Prosus and Delivery Hero Deal

Original Deadline and Sale Requirements

Reuters could not immediately verify the report.  

Market Reactions and Industry Impact

(Reporting by Gnaneshwar Rajan in Bengaluru)

Key Takeaways

  • European Commission extended Prosus’s deadline to divest Delivery Hero stake to October 11, following a request from Naspers, the majority owner of Prosus, confirmed on May 29, 2026.
  • Prosus recently sold a 4.5% stake in Delivery Hero to Uber for about €270 million, reducing its holding to around 21–22% as part of commitments tied to its Just Eat Takeaway acquisition.
  • The extension gives Prosus strategic flexibility amid an ongoing takeover battle, allowing it to potentially block Uber’s takeover or negotiate better terms.

Frequently Asked Questions

Who is extending Prosus's deadline to sell its Delivery Hero stake?
The European Commission is extending the deadline for Prosus's sale of its Delivery Hero stake.
What is the new deadline for Prosus to sell its Delivery Hero stake?
Prosus now has until October 11 to sell down its stake in Delivery Hero.
Why was the Prosus-Delivery Hero sale deadline extended?
The deadline was extended after a reported bid from Uber, according to Bloomberg News.
Who reported the extension of the Prosus sale deadline?
Bloomberg News reported the extension, citing people familiar with the matter.

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