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An update from Prosus ( (NL:PRX) ) is now available.
Prosus N.V. has declared its offer for Just Eat Takeaway.com (JET) unconditional, with 90.13% of JET’s shares tendered, allowing the transaction to proceed to settlement on October 6, 2025. This acquisition is set to transform JET into a European tech leader in food delivery, with Prosus planning to focus on product innovation and customer experience. The deal also includes a post-closing acceptance period for remaining shareholders and a tender offer for JET’s convertible bonds, supported by a convertible loan agreement between Prosus and JET. The acquisition will lead to changes in JET’s supervisory board upon delisting, and Prosus intends to implement an asset sale and liquidation strategy.
More about Prosus
Prosus N.V. is a global consumer internet group and one of the largest technology investors in the world. It operates in various sectors, including online classifieds, food delivery, payments and fintech, and education technology. The company focuses on building leading consumer internet companies that empower people and enrich communities.
Learn more about PRX stock on TipRanks’ Stock Analysis page.