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Prosus to buy Just Eat to create a European food delivery 'champion'

Published by Global Banking & Finance Review

Posted on February 24, 2025

1 min read

· Last updated: February 27, 2026

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Prosus to acquire Just Eat for European food delivery leadership - Global Banking & Finance Review
Image illustrating Prosus's acquisition of Just Eat, highlighting the formation of a European food delivery champion in the finance sector. This strategic move enhances Prosus's market position.
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JOHANNESBURG (Reuters) - Dutch technology investor Prosus said on Monday it intends to buy Just Eat Takewaway.com to create a "European tech champion" of food delivery. It plans to acquire the

Prosus Plans Acquisition of Just Eat to Form European Food Delivery Leader

JOHANNESBURG (Reuters) - Dutch technology investor Prosus said on Monday it intends to buy Just Eat Takewaway.com to create a "European tech champion" of food delivery.

It plans to acquire the company's entire share capital for 4.1 billion euros ($4.31 billion) in an all-cash public offer on the Amsterdam exchange.

Prosus, majority-owned by South Africa's Naspers, is offering 20.30 euros per share. The offer is unanimously supported by Just Eat's management and supervisory board.

Prosus already holds a 28% stake in leading global food delivery company Delivery Hero.

($1 = 0.9513 euros)

(Reporting by Nqobile Dludla in Johannesburg and Leo Marchandon in Gdansk; Editing by Tom Hogue)

Key Takeaways

  • Prosus plans to acquire Just Eat for €4.1 billion.
  • The acquisition aims to create a European food delivery leader.
  • Prosus is offering €20.30 per share in an all-cash offer.
  • Just Eat's management and board support the offer.
  • Prosus holds a 28% stake in Delivery Hero.

Frequently Asked Questions

What is the value of the acquisition offer from Prosus?
Prosus intends to acquire Just Eat Takeaway.com for 4.1 billion euros, which is approximately $4.31 billion, in an all-cash public offer.
How much is Prosus offering per share for Just Eat?
Prosus is offering 20.30 euros per share for Just Eat Takeaway.com.
Who supports the acquisition offer from Prosus?
The acquisition offer from Prosus is unanimously supported by Just Eat's management and supervisory board.
What stake does Prosus already have in the food delivery market?
Prosus already holds a 28% stake in Delivery Hero, a leading global food delivery company.
Where is Prosus based?
Prosus is a Dutch technology investor, majority-owned by South Africa's Naspers.

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