Prosus N.V. committed to selling its remaining 16.8% stake in Delivery Hero SE to Uber Technologies, Inc.
The transaction depends on Uber’s offer of €41.50 per share becoming unconditional.
This sale completes a divestment mandate from the European Commission following Prosus's acquisition of Just Eat Takeaway.com.
Prosus previously lowered its holding from 26.5% through sales to Uber and Aspex Management earlier this year.
The company plans to use the sale proceeds for general corporate purposes.