Prosus Offers to Sell Down Delivery Hero Stake to Appease EU (2)

Prosus NV has offered to sell down its holding in Delivery Hero SE to help pave the way for regulatory approvals for its acquisition of Just Eat Takeaway.com NV, according to people familiar with the matter.

The European Commission had pressed Amsterdam-based Prosus to significantly reduce or divest its stake in the German food delivery firm, the people said, asking not to be identified discussing private information. It’s unclear how much of the stake Prosus will ultimately sell and no final decisions have been made, they said.

The proposed sale is an effort to ease regulators’ concerns about Prosus ...