Prosus to Buy Just Eat in Bid to Become Food Delivery Giant

Prosus CEO on Just Eat Deal, Innovation, Investments

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By Loni Prinsloo and Anna Edwards

February 24, 2025 at 6:01 AM UTC

Updated on

February 24, 2025 at 1:00 PM UTC

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Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), as the Dutch technology investor with stakes in several food delivery companies seeks to become an industry giant.

The all-cash deal at €20.30 a share is a 49% premium to the three-month volume-weighted average price, the company said in a statement Monday. The stock closed at €12.43 on Friday.