Prosus Gets October Deadline for Delivery Hero Sale

Prosus NV has been granted an extension until October 11 by the European Commission to divest its stake in Delivery Hero SE. This crucial breathing room aims to prevent Uber Technologies Inc. from launching a potential takeover of the food delivery company. The extended timeline provides Prosus with more flexibility to manage its investment and navigate the competitive landscape of the food delivery market, potentially influencing future consolidation or strategic shifts within the sector.