Prosus, owned by Naspers, has extended the deadline for Just Eat Takeaway shareholders to accept a €4.1 billion buyout offer to 1 October, aligning with the European Commission's revised competition review timeline. The deal, viewed as Naspers' largest investment, aims to create an AI-first European food-delivery powerhouse by consolidating JET's global footprint with Prosus' tech infrastructure.

Naspers-owned Prosus has extended the acceptance period of its offer for Just Eat Takeaway to October 1 to align with a revised competition clearance timeline set by the European Commission under the EU Merger Regulation.

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.

EU antitrust regulators are seeking feedback on Prosus' plan to reduce its stake in Delivery Hero to below 10% to address concerns about its 4.1 billion euro deal with Just Eat Takeaway. Prosus, majority-owned by Naspers, is seeking to divest 27.4% of Delivery Hero and relinquish its board seat. The European Commission will decide on the deal by August 11, with responses due by July 31.

Prosus, a Dutch-based technology investor, is preparing to reduce its 27% stake in Delivery Hero to secure regulatory approval for its €4.1 billion acquisition of Just Eat Takeaway.com. The European Commission has urged Prosus to address antitrust concerns by either reducing or divesting its stake. The deal, pending regulatory clearance, would position Prosus as the fourth-largest food delivery company globally.