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Prosus reportedly mulling Delivery Hero stake sale to Aspex
(Sharecast News) - Dutch technology investor Prosus is reportedly considering selling around a 10% stake in Germany's Delivery Hero to Hong Kong-based Aspex Management. Initial talks have already taken place, Bloomberg reported, citing unnamed sources. Aspex is currently the food delivery company's second-largest shareholder with a 9.2% stake.
A transaction could lift that to roughly 19%, positioning Aspex to overtake Prosus, which has 26.8% of Frankfurt-listed Delivery Hero.
Earlier this week, Aspex urged Delivery Hero's supervisory board to oust the CEO and his top management team, escalating the investor's push for a strategic overhaul.
Reporting by Frank Prenesti for Sharecast.com
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