Prosus (PRX NA) is reportedly mulling selling a 10% Delivery Hero (DHER GY) stake to Aspax, according to reports
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Prosus (PRX NA) is reportedly mulling selling a 10% Delivery Hero (DHER GY) stake to Aspax, according to reports
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Context
Prosus contemplating a sale of its 10% stake in Delivery Hero to Aspax signifies a strategic move to possibly refocus its investment portfolio. This decision may impact not only Prosus's balance sheet but could also signal shifts within the broader consumer discretionary sector, particularly in European equities where Delivery Hero operates. Consider how this might affect market sentiment around both Prosus and Delivery Hero, and keep an eye on peer reactions within the broadline retail space.
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