{"id":860021,"date":"2026-05-11T08:56:18","date_gmt":"2026-05-11T06:56:18","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=860021"},"modified":"2026-05-11T08:57:55","modified_gmt":"2026-05-11T06:57:55","slug":"south-african-giant-sells-stake-in-german-company-for-r6-5-billion","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/860021\/south-african-giant-sells-stake-in-german-company-for-r6-5-billion\/","title":{"rendered":"South African giant sells stake in German company for R6.5 billion"},"content":{"rendered":"\n<p>Naspers, via its international subsidiary Prosus, has sold a stake in Delivery Hero to Aspex Management for \u20ac335 million (R6.5 billion at the current exchange rate). <\/p>\n\n\n\n<p>In August 2025, the European Commission approved Prosus&#8217; acquisition of Just Eat Takeaway, a major food delivery player in Europe. <\/p>\n\n\n\n<p>However, the commission said that Prosus would have to reduce its shareholding in Delivery Hero, a food delivery company headquartered in Berlin, Germany. <\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>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&#8217;s issued share capital.<\/p>\n\n\n\n<p>The sale price of \u20ac22.00 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. <\/p>\n\n\n\n<p>The group is reducing its stake in the company from around 26% to 16% with the sales to Uber and Aspex Management. <\/p>\n\n\n\n<p>Naspers is one of South Africa&#8217;s most valuable companies, and its local operations include Takealot, Media24, Property24, Mr D and AutoTrader.<\/p>\n\n\n\n<p>It also operates within a vertical company structure alongside the Dutch company Prosus, which holds the company&#8217;s international assets. <\/p>\n\n\n\n<p>A huge chunk of Naspers and Prosus&#8217; value is tied to Chinese tech giant, Tencent &#8211; the world&#8217;s largest video game company and owner of WeChat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prosus is selling another large stake in Delivery Hero for \u20ac335 million as the group seeks to meet regulatory requirements.<\/p>\n","protected":false},"author":95,"featured_media":860026,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[107,15103,27],"class_list":["post-860021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-naspers","tag-prosus","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/860021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=860021"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/860021\/revisions"}],"predecessor-version":[{"id":860031,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/860021\/revisions\/860031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/860026"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=860021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=860021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=860021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}