Prosus, a Dutch technology investor majority-owned by South African firm Naspers, has received conditional approval from the European Union's antitrust authorities for its €4.1 billion bid to acquire Just Eat Takeaway, Europe's largest meal delivery company. The approval follows Naspers' agreement to reduce its stake in Delivery Hero to below a very low threshold within 12 months, renounce voting rights, and refrain from increasing its stake or recommending individuals to Delivery Hero's management. The deal, which has a closing deadline of October 1, will become unconditional if all conditions, including the acceptance threshold, are met by that date. Prosus aims to build a leading European tech champion in food delivery, leveraging its artificial intelligence capabilities. The EU antitrust chief, Teresa Ribera, stated that Naspers' concessions preserve competition and consumer choice, and emphasized that anti-competitive behavior will not be tolerated. Delivery Hero and Glovo were previously fined €329 million by the EU for market-sharing and employee-poaching agreements.

Prosus, majority-owned by South African investment firm Naspers, has received conditional approval from the European Commission for its €4.1 billion bid to acquire Just Eat Takeaway, Europe's largest meal delivery company. As part of the agreement, Naspers committed to reducing its stake in Delivery Hero from 27.4% to below a very low threshold within 12 months, renouncing voting rights and any future stake increases, and refraining from recommending individuals to Delivery Hero's management or supervisory boards. The EU antitrust chief, Teresa Ribera, stated that the decision safeguards competition and consumer choice, and serves as a warning against anti-competitive behavior in the food delivery sector. The deal would make Prosus the fourth-largest food delivery company globally, behind Meituan, DoorDash, and Uber. Delivery Hero and its Spanish subsidiary Glovo were previously fined €329 million by the EU for participating in a market-sharing cartel.

ING Group reported strong financial performance in Q2 2025, with total income and fee income growing significantly. The company achieved an earnings per share of $0.82, driven by increased net interest income and a 12% year-over-year rise in fee income, which now accounts for nearly 20% of total income. Despite rising expenses due to wage inflation and strategic investments, ING maintained a positive outlook, with stable guidance for future quarters. The company targets €5 billion in fee income by 2027 and expects an EPS of $2.47 for FY2025. Key risks include macroeconomic uncertainty, rising labor costs, regulatory changes, competition in Germany and Spain, and ongoing tech investments.

ING Group reported strong financial performance in Q2 2025, with a net profit of €1,675 million, total income of €5,702 million, and fee income growing 11% year-over-year to €1,122 million. The bank added 309,000 mobile primary customers, bringing the total to 14.9 million, with 37% of its customer base now classified as mobile primary. Fee income was driven by growth in investment, insurance, and daily banking products. ING achieved a return on equity of 12.7%, maintained a CET1 ratio of 13.3%, and distributed €2,152 million to shareholders via dividends and buybacks. The bank improved its full-year 2025 outlook, projecting fee income growth at the higher end of the 5-10% range, a return on equity of approximately 12.5%, and stable commercial net interest income. ING also reported €68 billion in sustainable finance activities, a 19% increase from previous levels.

NatWest continued receiving investor funds for 79th Group, an alleged £200 million Ponzi scheme, despite police investigations into suspected fraud. Transaction records show the bank received over £100 million in a pooled account as late as March 17, 2025, while the company, based in Southport, Merseyside, sold loan notes with high returns to investors claiming property-backed loans. The scheme collapsed in late April, with insolvency practitioners estimating it raised £150 million and owed over £200 million to 3,700 investors. ING previously flagged the account as linked to scam cases and alerted relevant parties, including NatWest. Revolut facilitated purported interest payments and declined to comment on the case. The City of London Police arrested four individuals in February, seizing luxury items, though no charges have been filed. 79th Group denies wrongdoing, and regulators and banks maintain they follow anti-fraud and anti-money laundering protocols.