Prosus Seeks EU Relief on Delivery Hero Stake Sale

Prosus NV is petitioning the European Union to waive a condition mandating the sale of its Delivery Hero SE stake. This requirement was a stipulation for Prosus's acquisition of a different delivery platform. The company is seeking to retain its investment in Delivery Hero, indicating a potential shift in its strategy or a reassessment of the antitrust implications. The EU's decision will significantly impact Prosus's portfolio and its ongoing integration of the newly acquired delivery service, potentially leading to further negotiations or regulatory scrutiny.