April 17 (Reuters) - Dutch technology investor Prosus
on Friday said it has agreed to sell a 4.5% stake in
Germany's Delivery Hero to Uber ( UBER ) for about 270
million euros ($318.06 million)
Prosus is selling 13.6 million Delivery Hero shares at 20
euros each, reducing its stake to 21.8% from 26.3%.
The sale advances Prosus' compliance with conditions set by
the European Commission for its acquisition of Just Eat
Takeaway, which required the company to reduce its Delivery Hero
shareholding to address competition concerns in the food
delivery sector.
($1 = 0.8489 euros)
(Reporting by Raechel Thankam Job in Bengaluru; Editing by
Mrigank Dhaniwala)