Business
Delivery Hero Shares Jump After Prosus Agrees to Sell Stake for $395 Million
Shares in Delivery Hero DHER 2.71%increase; green up pointing triangle climbed after Prosus agreed to sell part of its stake in the company to Aspex Management for around 335 million euros ($394.9 million), marking the latest step in reducing its shareholding in the German delivery company.
The move comes weeks after it sold around 4.5% of its stake in Delivery Hero to U.S. tech company Uber, as part of remedies tied to its acquisition of Just Eat Takeaway.
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