Uber Increases Stake in Delivery Hero as Prosus Reduces Holdings
Uber Technologies (NYSE:UBER) has increased its stake in Delivery Hero by acquiring an additional 4.5% from Prosus, which is selling its holdings. Prosus will receive approximately €270 million from the transaction, while Uber pays €20 per share. The deal comes after Prosus faced regulatory scrutiny over its attempt to acquire Just Eat Takeaway.com.
Tickers: $UBER
Topics: Corporate Strategy Delivery Hero Prosus Shareholding Uber