AI News Hub Logo

AI News Hub

Prosus Sells 5% Stake in Delivery Hero to Activist Investor

Bloomberg Technology
Eyk Henning, Loni Prinsloo

Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.