### Prosus Acquires Just Eat Takeaway.com: A Major Shift in the European Food Delivery Landscape - On February 24, 2025, Prosus, a global technology investor, announced a significant acquisition of Just Eat Takeaway.com for €4.1 billion (approximately $4.3 billion). This deal is poised to create one of the largest food delivery groups globally, enhancing Prosus's footprint in the European market. The acquisition comes after a challenging period for Just Eat, which has struggled to maintain its pandemic-era growth levels. The deal is expected to be finalized pending regulatory approvals and shareholder consent, marking a pivotal moment in the competitive food delivery sector in Europe [https://timesofindia.indiatimes.com/technology/tech-news/prosus-to-buy-one-of-europes-most-recognised-food-delivery-platforms-in-a-4-2-billion/articleshow/118539538.cms, https://briefly.co.za/world/210644-naspers-owned-prosus-buys-eat-takeaway-r80-billion]. ### Breakdown of the Acquisition and Its Implications 1. **Details of the Deal**: - Prosus will acquire Just Eat Takeaway.com at a price of €20.30 per share, representing a **49% premium** over the company's three-month average share price [https://pulse2.com/prosus-acquiring-just-eat-takeaway-com-in-e4-1-billion-deal]. - The acquisition is an all-cash offer, which has been unanimously supported by Just Eat's management and supervisory boards [https://www.wsj.com/business/deals/prosus-to-buy-just-eat-takeaway-for-4-29-billion-to-create-eu-food-delivery-champion-87a7d5f7]. 2. **Strategic Goals**: - This acquisition aims to consolidate Prosus's position in the European food delivery market, where it already has stakes in various food delivery operations across different continents [https://www.euronews.com/business/2025/02/24/shares-soar-in-just-eat-takeawaycom-as-prosus-announces-acquisition]. - Prosus's CEO has indicated that the company is ready to invest significantly in Europe, with nearly $20 billion available for growth opportunities [https://www.moneyweb.co.za/news/companies-and-deals/prosus-plans-4-3bn-just-eat-takeaway-buy-in-all-cash-deal]. 3. **Market Reactions**: - Following the announcement, shares of Just Eat Takeaway.com surged by over **50%** in early trading, reflecting investor optimism about the acquisition [https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-02-24-2025/card/food-delivery-stocks-rally-in-europe-after-prosus-agrees-to-buy-just-eat-takeaway-com-KCBD7K2wBd9nWWUaQKMk]. - Conversely, Prosus's shares experienced a decline of nearly **7%**, indicating mixed market sentiment regarding the financial implications of the deal [https://www.bloomberg.com/news/articles/2025-02-24/prosus-plans-4-3-billion-just-eat-takeaway-buy-in-all-cash-deal]. ### Summary of Key Findings - **Major Acquisition**: Prosus's acquisition of Just Eat Takeaway.com for €4.1 billion marks a significant consolidation in the European food delivery market, creating the fourth largest food delivery group globally. - **Strategic Expansion**: The deal is part of Prosus's broader strategy to enhance its presence in Europe, leveraging its existing investments in food delivery services. - **Market Impact**: The acquisition has led to a substantial increase in Just Eat's stock price, while Prosus's shares have seen a decline, reflecting the complexities of market reactions to such large-scale deals. In conclusion, **the acquisition of Just Eat Takeaway.com by Prosus is a transformative event in the food delivery sector**, with potential long-term implications for market dynamics and competition in Europe. The deal not only signifies Prosus's commitment to expanding its portfolio but also highlights the ongoing challenges faced by food delivery companies in a post-pandemic landscape [https://www.theguardian.com/business/2025/feb/24/just-eat-takeaway-prosus-deal-delivery-hero, https://www.ft.com/content/9b3af18a-e499-4baf-92d8-930ad39f26b9].