financetom
Business
financetom
/
Business
/
Prosus 'very confident' of early EU antitrust nod for $4.7-billion Just Eat deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Prosus 'very confident' of early EU antitrust nod for $4.7-billion Just Eat deal
Jun 23, 2025 1:17 AM

BRUSSELS, June 23 (Reuters) - Prosus is "very

confident" of securing early EU antitrust approval for its

4.1-billion-euro ($4.72 billion) acquisition of Just Eat

Takeaway.com, the Dutch technology investor said on

Monday.

Prosus sought approval for the deal from the European

Commission on Friday, the company told journalists, as it seeks

to create what it calls a "European tech champion" of food

delivery.

"We are working constructively with the Commission and are

fully committed to securing approval and closing the transaction

as swiftly as possible," the company said in a separate emailed

statement.

The Commission, which acts as the competition enforcer

in the 27-country European Union, could clear the deal with or

without concessions, or it could open a four-month investigation

at the end of its preliminary review if it has serious concerns.

The deal would make Prosus, which is majority owned by

South Africa's Naspers, the world's fourth-largest

food delivery company after Meituan ( MPNGF ), DoorDash ( DASH )

and Uber ( UBER ), according to ING analysts.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coinbase Global Insider Sold Shares Worth $1,040,087, According to a Recent SEC Filing
Coinbase Global Insider Sold Shares Worth $1,040,087, According to a Recent SEC Filing
Jun 20, 2024
05:51 PM EDT, 06/20/2024 (MT Newswires) -- Alesia J Haas, Chief Financial Officer, on June 17, 2024, sold 4,350 shares in Coinbase Global ( COIN ) for $1,040,087. Following the Form 4 filing with the SEC, Haas has control over a total of 208,299 shares of the company, with 187,403 shares held directly and 20,896 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1679788/000167978824000125/xslF345X03/wk-form4_1718919997.xml...
Ionis Pharmaceuticals Insider Sold Shares Worth $644,640, According to a Recent SEC Filing
Ionis Pharmaceuticals Insider Sold Shares Worth $644,640, According to a Recent SEC Filing
Jun 20, 2024
05:56 PM EDT, 06/20/2024 (MT Newswires) -- Spencer R Berthelsen, Director, on June 17, 2024, sold 16,000 shares in Ionis Pharmaceuticals ( IONS ) for $644,640. Following the Form 4 filing with the SEC, Berthelsen has control over a total of 147,327 shares of the company, with 147,257 shares held directly and 70 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/874015/000087401524000149/xslF345X03/edgardoc.xml Price: 41.30,...
Edwards Lifesciences Insider Sold Shares Worth $492,258, According to a Recent SEC Filing
Edwards Lifesciences Insider Sold Shares Worth $492,258, According to a Recent SEC Filing
Jun 20, 2024
05:51 PM EDT, 06/20/2024 (MT Newswires) -- Scott B. Ullem, Corporate Vice President, Chief Financial Officer, on June 20, 2024, sold 5,625 shares in Edwards Lifesciences ( EW ) for $492,258. Following the Form 4 filing with the SEC, Ullem has control over a total of 296,879 shares of the company, with 30,561 shares held directly and 266,318 controlled indirectly....
Biote Reaches $60 Million Settlement to Repurchase Shares From Stockholder
Biote Reaches $60 Million Settlement to Repurchase Shares From Stockholder
Jun 20, 2024
05:47 PM EDT, 06/20/2024 (MT Newswires) -- Biote ( BTMD ) said Thursday it agreed to repurchase about 8.3 million of paired interests or class A shares at an average price of $7.23 per share from shareholder Marci Donovitz to resolve litigation. The repurchases will be undertaken over a three-year period, with roughly 4.1 million paired interests or class A...
Copyright 2023-2026 - www.financetom.com All Rights Reserved