Prosus set to win EU nod for $4.74 billion Just Eat deal, sources say

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Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euro ($4.7 billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero, people with direct knowledge of the matter said.

Amsterdam-headquartered Prosus, which is majority owned by South Africa’s Naspers, announced the deal in February, banking on its artificial intelligence capability to boost Just Eat Takeaway, Europe’s biggest meal delivery company.

Prosus last month offered to incrementally sell down its 27.4% stake in Delivery…



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Prosus set to win EU nod for $4.74 billion Just Eat deal, sources say



Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euro ($4.7 billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero, people with direct knowledge of the matter said.

Amsterdam-headquartered Prosus, which is majority owned by South Africa’s Naspers, announced the deal in February, banking on its artificial intelligence capability to boost Just Eat Takeaway, Europe’s biggest meal delivery company.

Prosus last month offered to incrementally sell down its 27.4% stake in Delivery…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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