Prosus has confirmed an irrevocable undertaking to sell its remaining 16.8% stake in Delivery Hero to Uber at a price of €41.50 per share. This transaction follows the formal launch of a public takeover offer by Uber, which values the Germany-based food delivery company at approximately $14.8 billion.
Regulatory Commitments And Strategic Shifts
The decision by the South African-linked technology investor to offload its interest completes a process mandated by the European Commission following the 2025 acquisition of Just Eat Takeaway.com. As a condition of that regulatory approval, Prosus was required to reduce its involvement in Delivery Hero to address competition concerns.
This exit is part of a broader trend of consolidation in the global food delivery market, where companies are increasingly seeking greater scale to counter regional competition. To mitigate further antitrust issues, Delivery Hero has simultaneously agreed to divest business operations in 14 markets to investment firm SSW Partners for roughly €1.4 billion, a deal contingent on the success of the Uber takeover.
Leadership Perspectives On The Acquisition
Executives from both companies have framed the acquisition as a necessary evolution for the sector’s long-term sustainability. Speaking on the integration, Uber CEO Dara Khosrowshahi stated that the move allows the two platforms to combine their expertise and extend the reach of their delivery services into high-growth markets.
Delivery Hero’s talented team has built an extraordinary business, with beloved local brands and strong positions across some of the world’s fastest-growing delivery markets. By bringing our platforms together, we are excited about this opportunity with Uber and the possibilities it offers for our employees, shareholders, and partners.
Delivery Hero CEO Niklas Östberg echoed this sentiment, suggesting that the partnership provides the stability required to excel in a challenging economic landscape. He noted that joining forces with a strong partner is the right move for Delivery Hero to best secure its future competitiveness.
The deal remains subject to the finalisation of the takeover offer and subsequent regulatory oversight in the affected jurisdictions.