Delivery Hero shares fall after €400m fine warning

Delivery Hero SE shares fell by the most in two months after the company warned it faces a fine from European Union regulators that could exceed 400 million euros ($433 million).

The German food delivery company plans to “significantly increase” the cash it has set aside for a potentially higher-than-expected fine, it said in a statement on Sunday. The company has already set aside 186 million euros, it said.