AMSTERDAM (dpa-AFX) - US ride-hailing provider Uber is increasing its stake in food delivery service Delivery Hero. Major shareholder Prosus is selling approximately 13.6 million shares of Delivery Hero to the US company due to antitrust requirements, the internet investment holding company announced on Friday. This represents a stake of around 4.5 percent. According to the announcement, the sale price is 20 euros per share, resulting in gross proceeds of approximately 270 million euros.
Delivery Hero CEO Niklas Östberg welcomed Uber's further investment in the MDax-listed company. "As a leading global technology company, Uber's increased stake is a validation of our platform, our strategy, and our ongoing efforts to create long-term value for all shareholders."
Prosus had agreed to reduce its stake in Delivery Hero following the acquisition of Just Eat Takeaway. After the sale, Prosus now holds 21.8 percent./err/nas
Founder of Delivery Hero SE, Pizza Co. NV, OnlinePizza Norden AB and Aktie Plus, L. Niklas Östberg is an entrepreneur and businessperson who has been at the head of 8 different companies and presently holds the position of Chief Executive Officer of Delivery Hero SE and Managing Director at RGP Local Holding IV GmbH. He is also on the board of trivago NV and HungryHouse Holdings Ltd.
In his past career he was Chairman at Restaurant Partner Suomi Oy, Chairman at Mjam GmbH, Manager at Aktie Plus, Chairman at Pizza Co. NV, Chairman & Partner at OnlinePizza Norden AB, Chairman at Restaurant Partner Polska Sp zoo, Managing Director at 9Cookies GmbH and Consultant at Oliver, Wyman & Co. LLC.
Mr. Östberg received a graduate degree from Royal Institute of Technology and a graduate degree from Swiss Federal Institute of Technology.
Delivery Hero SE is a Germany-based company, which is primarily engaged in the online food ordering industry. The Company operates as a provider of online food delivery services from restaurants and cafes. The Company offers pizza, burger, organic food, vegan cuisine, and Asian dishes, among others. Its portfolio of brands comprises Foodpanda, PedidosYa, Clickdelivery, Talabat, Yemeksepeti, Donesi, Hungerstation, Carriage, Otlob, Mjam and others. The Company operates globally, on the territory of more than 40 countries, comprising Europe, the Middle East, North Africa, Asia, and the Americas. The Company's services are available through Web version and mobile application.
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