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Prosus to sell 5% stake in Delivery Hero to Aspex for $394m

Under the deal, Prosus will sell 15.18 million ordinary shares in the German food delivery platform.

Umesh Ellichipuram May 11 2026

Dutch investment group Prosus has agreed to divest an additional portion of its holding in Delivery Hero, signing a deal to transfer a 5% interest to Aspex Management.

Under the agreement, Prosus will sell 15.18 million ordinary shares in the German food delivery platform for €22 per share.

According to a Prosus statement, the agreed price is around 10% above the latest closing price and 22% higher than the 30‑day volume‑weighted average price of Delivery Hero stock as of 8 May 2026.

Gross proceeds from the transaction are expected to be €335m ($394m).

The disposal forms part of Prosus’ undertakings to the European Commission (EC) linked to its bid for Just Eat Takeaway.com.

In August 2025, EU regulators cleared Prosus’ proposed acquisition of Just Eat Takeaway.com for €4.1bn ($4.2bn), with the approval conditional on Prosus making a substantial cut to its shareholding in Delivery Hero.

The latest reduction in Delivery Hero ownership moves Prosus further towards fulfilling the commitments given to the EC.

It follows another transaction announced last month, when Prosus agreed to sell a 4.5% interest in Delivery Hero to Uber for €270m ($317.5m).

That earlier deal involved 13.58 million ordinary shares at €20 per share and reduced Prosus’ stake in Delivery Hero from 26.3% to 21.8% of the company’s issued share capital.

The latest divestment further reduces Prosus' stake in Delivery Hero to 16.8%. Meanwhile, the deal increases Aspex’s stake in the German food delivery group to 15%.

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