Prosus N.V. has announced an extension of the acceptance period for its public offer to acquire Just Eat Takeaway.com N.V. until October 1, 2025. This extension aligns with the revised competition clearance timeline set by the European Commission, which is expected to make a decision on the transaction by August 11, 2025. The extension is intended to provide Just Eat Takeaway.com shareholders with sufficient time to tender their shares. The transaction is contingent upon receiving competition clearance from the European Commission, which is the last regulatory approval needed for the deal to proceed. Prosus and Just Eat Takeaway.com are working closely with the Commission to secure this clearance.\n\nProsus N.V. is a global consumer internet group and one of the largest technology investors in the world. The company operates across various sectors including online classifieds, food delivery, payments and fintech, and education technology. Prosus focuses on building leading companies that empower people and enrich communities.\n\nSee more insights into PRX stock on TipRanks’ Stock Analysis page.

Prosus Extends Offer Period for Just Eat Takeaway Acquisition

Prosus N.V. has extended the acceptance period for its public offer to acquire Just Eat Takeaway.com N.V. until October 1, 2025, aligning with the European Commission's revised competition clearance timeline. The deal remains contingent on obtaining regulatory approval.