Delivery Hero backs CEO while exploring sales under investor pressure
Founder Östberg retains board support even as German food group explores routes to revive shares
Founder Östberg retains board support even as German food group explores routes to revive shares

Founder Niklas Östberg will leave German food delivery group by next March

German delivery group’s largest shareholder Prosus has agreed to reduce its stake over EU competition concerns

Aspex Management wants strategic review sped up and some businesses sold off

Tech investment group commits to reducing its stake in food delivery rival Delivery Hero to ease competition concerns

Tony Xu says bar is high for deals as M&A is ‘mostly littered with failure’

Prosus chief Fabricio Bloisi pushes aggressive growth targets despite stiff competition