Naspers, via its international subsidiary Prosus, has sold a stake in Delivery Hero to Aspex Management for €335 million (R6.5 billion at the current exchange rate).
In August 2025, the European Commission approved Prosus’ acquisition of Just Eat Takeaway, a major food delivery player in Europe.
However, the commission said that Prosus would have to reduce its shareholding in Delivery Hero, a food delivery company headquartered in Berlin, Germany.
The group already sold a 4.5% stake in Delivery Hero to Uber in April 2026, with the new sale to Aspex Management representing a further step towards fulfilling commitments to the commission.
The new transaction will see Prosus sell 15,188,284 ordinary shares in Delivery Hero to Aspex Management, which represents about 5% of Delivery Hero’s issued share capital.
The sale price of €22.00 per share represents an around 10% premium to the closing share price and a roughly 22% premium to the 30-day volume-weighted average price as of 8 May.
The group is reducing its stake in the company from around 26% to 16% with the sales to Uber and Aspex Management.
Naspers is one of South Africa’s most valuable companies, and its local operations include Takealot, Media24, Property24, Mr D and AutoTrader.
It also operates within a vertical company structure alongside the Dutch company Prosus, which holds the company’s international assets.
A huge chunk of Naspers and Prosus’ value is tied to Chinese tech giant, Tencent – the world’s largest video game company and owner of WeChat.
