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An update from Prosus ( (NL:PRX) ) is now available.
Prosus has successfully acquired 98.19% of Just Eat Takeaway.com (JET) shares, with plans to initiate a statutory squeeze-out to obtain full ownership. As a result, JET will delist from Euronext Amsterdam on 17 November 2025. This acquisition strengthens Prosus’ position in the global food delivery market, potentially enhancing its operational capabilities and market reach. The move is expected to have significant implications for stakeholders, including changes in market dynamics and increased competition.
More about Prosus
Prosus is a major player in the lifestyle ecommerce sector, with a significant presence in Europe, India, and Latin America. The company has a strong focus on food delivery, having invested over USD 10 billion globally, and operates in more than 70 countries. Its portfolio includes full ownership of iFood in Latin America and stakes in other major food delivery companies like Delivery Hero, Meituan, and Swiggy.
For detailed information about PRX stock, go to TipRanks’ Stock Analysis page.