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Prosus Wins EU Antitrust Clearance for $4.76 Billion Just Eat Takeaway Bid

By  |  August 11, 2025
food delivery, mobile payments

Dutch technology investor Prosus has secured approval from the European Union’s antitrust authorities for its €4.1 billion ($4.76 billion) acquisition of Just Eat Takeaway, according to Reuters. The green light came after Prosus agreed to significantly cut its stake in rival food delivery company Delivery Hero.

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    Prosus, based in Amsterdam and majority owned by South Africa’s Naspers, announced the deal in February. Per Reuters, the company aims to leverage its artificial intelligence capabilities to strengthen Just Eat Takeaway, which is currently Europe’s largest meal delivery service.

    The European Commission confirmed that Naspers committed to reducing its 27.4% holding in Delivery Hero to below a specified, minimal threshold within a year. The company also pledged not to exercise voting rights tied to its remaining shares, not to raise its stake beyond the agreed limit, and to refrain from proposing candidates for Delivery Hero’s management or supervisory boards.

    Related: EU Regulators Seek Input on Prosus’ Delivery Hero Divestment Plan

    “Today’s binding commitments preserve both competition and consumer choice when ordering food at home,” EU antitrust chief Teresa Ribera said in a statement. “This decision also sends a clear warning to an industry with recent antitrust issues: we won’t tolerate any anti-competitive behaviour that may harm consumers.”

    According to Reuters, Delivery Hero and its Spanish subsidiary Glovo were fined €329 million by EU regulators in June for engaging in anti-competitive practices, including market-sharing arrangements and agreements not to hire each other’s staff.

    Source: Reuters