Prosus N.V. is trading 10% up at €42.78 following reports that the company may increase its stake in Delivery Hero to block a potential takeover bid from Uber.
- Investors are reacting positively to the strategic move, viewing a larger position in Delivery Hero as a key defensive play for Prosus’s global food-delivery portfolio.
- The potential increase in ownership is intended to thwart competition and maintain market positioning against rival platforms.
- Strong buying interest has driven a sharp single-day gain as the market weighs the long-term value of the company's consolidated delivery assets.