AMSTERDAM: Prosus N.V. has agreed to sell a 5% stake in Delivery Hero to Aspex Management, generating roughly €335 million in gross proceeds as the Dutch technology investor continues to unwind its holdings in the German food delivery firm.
The transaction involves 15,188,284 ordinary shares sold at €22.00 per share, a 10% premium to the closing price and a 22% premium to the 30-day volume-weighted average price as of May 8, 2026, Prosus announced Monday.
The sale advances commitments Prosus made to the European Commission in August 2025, when regulators approved Prosus’ acquisition of Just Eat Takeaway.com. Those commitments required Prosus to significantly reduce its shareholding in Delivery Hero. In April 2026, Prosus sold a 4.5% stake to Uber.
Prosus, which describes itself as the power behind lifestyle ecommerce brands across Europe, India and Latin America, invests in food delivery, payments, classifieds, travel, events and mobility.
Editor’s commentary: Prosus is playing a careful game — selling down Delivery Hero step by step to satisfy EU regulators while locking in chunky premiums each time. The 22% above-market price suggests Aspex really wanted these shares, or Prosus is a skilled negotiator. Either way, investors should watch whether the next sale comes at a similarly rich valuation.