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Delivery Hero Investor Aspex Calls for Review of Legal Fines

The Delivery Hero headquarters in Berlin.

Photographer: Krisztian Bocsi/Bloomberg

Delivery Hero SE’s second largest shareholder is ramping up pressure on the food delivery company by threatening to appoint a special auditor to investigate its legal liabilities.

In a letter sent to Delivery Hero’s supervisory board, Aspex Management wrote that a bill of more than €1.5 billion ($1.7 billion) for legal provisions and contingent liabilities represented an “existential” issue for the company.