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Prosus Optimistic About Early EU Approval for Just Eat Takeaway Acquisition

By  |  June 23, 2025

Prosus, the Dutch-based technology investment firm, expressed strong confidence on Monday that its €4.1 billion ($4.72 billion) acquisition of Just Eat Takeaway.com will receive early clearance from European Union regulators, according to Reuters.

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    The company revealed it submitted its request for regulatory approval to the European Commission last Friday. This step marks a critical phase in its strategy to consolidate its food delivery assets and establish what it terms a “European tech champion” in the sector. In an emailed statement cited by Reuters, Prosus said it is “working constructively with the Commission” and remains committed to completing the transaction “as swiftly as possible.”

    The proposed acquisition would significantly reshape the online food delivery landscape, making Prosus the world’s fourth-largest food delivery player, trailing only Meituan, DoorDash, and Uber, per analysis from ING cited by Reuters.

    Related: Prosus Strengthens EU Presence with $4.3 Billion Just Eat Deal

    Despite potential competitive overlap, Prosus does not anticipate its 27.4% stake in rival firm Delivery Hero to present regulatory issues. The company clarified that it neither operates nor exerts influence over the German-based delivery service, which competes with Just Eat in several EU markets.

    The European Commission, acting as the EU’s antitrust authority, acknowledged receiving the notification and has set a preliminary review deadline for July 28. At that point, the Commission could either grant unconditional approval, impose conditions, or launch an in-depth investigation if it identifies significant competition concerns.

    Per Reuters, this deal is part of Prosus’ broader ambition to gain a stronger foothold in the rapidly evolving global food delivery sector, and regulators’ decision in the coming weeks will determine the pace at which that vision materializes.

    Source: Reuters