Prosus Seeks EU Waiver on Delivery Hero Share Sale
Prosus has requested that the European Union remove a divestiture condition tied to its acquisition of another delivery platform. The condition requires the sale of its Delivery Hero shares.
rte.ieProsus has asked the European Union to drop a requirement that it sell shares in Delivery Hero. The request forms part of the antitrust approval process for Prosus's acquisition of another delivery platform. People familiar with the matter said the company made the request to regulators.
The original condition was imposed when the acquisition received clearance. No timeline for a decision on the request was provided.
Key Facts
Potential Impact
- 01
Prosus could retain its Delivery Hero stake if the request is granted.
Transparency Panel
Related Stories
Financial TimesRomania Expels Russian Consul General After Drone Strike
Romania ordered the expulsion of Russia's Consul General in Constanta and closed the consulate after a drone struck an apartment building in Galati, injuring two people. NATO and Romanian officials condemned the incident as reckless escalation.
fortune.comHouse Republicans stall on immigration enforcement funding bill
A roughly $70 billion measure to fund immigration enforcement through the end of President Donald Trump's term stalled in the House. Progress halted over White House ballroom security funding and a proposed $1.8 billion fund for government-mistreatment claims.
techjuice.pkCanada Seeks 50 Percent Rise in Exports to China by 2030
Foreign Minister Anita Anand stated the export target during a visit by her Chinese counterpart to Ottawa. The announcement comes amid U.S. tariffs that have altered trade patterns.