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Prosus to Acquire Just Eat for €4.1 Billion

2/24/2025

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Summary

Story summary

Prosus, a Naspers subsidiary, plans to acquire Just Eat Takeaway.com for €4.1 billion, offering €20.30 per share.
Supported by Just Eat's management, the deal aims to boost growth and efficiency in Europe's food delivery sector.
Following the announcement, Just Eat's shares rose over 54%, while Prosus shares dropped by 7.8%.
The acquisition awaits regulatory approval and is anticipated to close by year-end.

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Story summary

Prosus, a Naspers subsidiary, plans to acquire Just Eat Takeaway.com for €4.1 billion, offering €20.30 per share.
Supported by Just Eat's management, the deal aims to boost growth and efficiency in Europe's food delivery sector.
Following the announcement, Just Eat's shares rose over 54%, while Prosus shares dropped by 7.8%.
The acquisition awaits regulatory approval and is anticipated to close by year-end.