EU regulators seek feedback on Prosus' offer to sell down Delivery Hero stake
Amsterdam-headquartered Prosus has proposed incrementally selling down its 27.4% stake in Delivery Hero and giving up its board seat, other people familiar with the matter told Reuters earlier this month.
The company, which is majority owned by South Africa's Naspers (NPNJn.J), opens new tab, is banking on its AI capabilities to boost Just Eat Takeaway, Europe's biggest meal delivery firm.
The European Commission, which acts as the competition enforcer in the 27-country bloc, did not detail the size of the stake to be sold off in the document sent to third parties, the person said.
Respondents have until July 31 to reply.
The Commission, which will decide on the deal by August 11, declined to comment. Prosus was not immediately available for comment.
Delivery Hero and Just Eat Takeaway compete with each other in Austria, Bulgaria, Italy, Poland and Spain.
($1 = 0.8587 euros)
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