Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, according to reports. Aspex is described as the second-largest shareholder in the German e-commerce and delivery company. The sale reflects ongoing shareholder pressure on Delivery Hero’s leadership, with Aspex using its position to push the company’s chief executive officer to offload more assets or step down. Both outlets describe Aspex as a key activist voice among Delivery Hero’s shareholders. The transactions’ terms and timing were not detailed in the available excerpts. The move reduces Prosus’s ownership interest in Delivery Hero while increasing Aspex’s stake. It also underscores the role of activist investors in influencing strategy at Delivery Hero, including potential asset sales and governance decisions. Overall, the reporting indicates the stake transfer is part of a broader campaign by a major shareholder to alter the company’s direction and leadership agenda.
Prosus sells 5% stake in Delivery Hero to activist investor Aspex
Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, according to reports. Aspex is described as the second-largest shareholder in the German e-commerce and delivery company. The s...
- Prosus NV sells a 5% stake in Delivery Hero SE.
- The stake is sold to Aspex Management, described as Delivery Hero’s second-largest shareholder.
- Delivery Hero has been facing pressure from Aspex regarding possible asset disposals.
- Reports say Aspex also pushes the CEO to either sell more assets or leave the company.
- Details such as deal price and timetable are not provided in the cited excerpts.
Prosus NV is selling a 5% stake in Delivery Hero SE to Aspex Management, the second-largest shareholder of the German e-commerce firm that has been pushing its chief executive officer to offload more assets or leave the company.
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