EU Approves Just Eat Takeover by Prosus with Conditions

The European Union has approved Dutch investment group Prosus' $4.8 billion acquisition of Just Eat Takeaway.com, with conditions. Prosus has offered remedies to address EU concerns, including reducing its stake in rival food delivery platform Delivery Hero to below a certain percentage within 12 months. The acquisition creates the fourth-largest food delivery group globally.

The European Union has granted conditional approval for Dutch investment group Prosus NV's €4.1 billion ($4.8 billion) acquisition of Just Eat Takeaway.com NV, following the company's agreement to address competition concerns [1]. The deal, announced in February, aims to bolster Prosus' food delivery portfolio, which includes significant investments in South America, India, and Southeast Asia.

To allay EU fears of market distortions, Prosus agreed to reduce its stake in Delivery Hero SE to a "very low percentage" within 12 months. Additionally, Prosus pledged not to exercise voting rights associated with its remaining stake in Delivery Hero and to avoid putting forward any representatives for its board [2]. The EU's competition commissioner, Teresa Ribera, emphasized that the decision sends a clear warning to the industry about anticompetitive behavior [1].

The acquisition will position Prosus as the world's fourth-largest food delivery group, following Meituan, DoorDash, and Uber [2]. Just Eat Takeaway.com operates in 17 markets, including the UK, Germany, and the Netherlands, and the deal will significantly expand Prosus' global footprint.

The deal follows a wave of consolidation in the food delivery industry, driven by intense price competition and the booming demand during the pandemic [1]. Prosus' acquisition of Just Eat Takeaway.com underscores the growing importance of the food delivery sector and the strategic benefits of consolidation.

References:
[1] https://www.bloomberg.com/news/articles/2025-08-11/prosus-4-1-billion-just-eat-deal-wins-conditional-eu-approval
[2] https://www.reuters.com/sustainability/boards-policy-regulation/prosus-wins-conditional-eu-antitrust-nod-just-eat-takeaway-deal-2025-08-11/