tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosus Extends Offer Period for Just Eat Takeaway Acquisition

Story Highlights
Prosus Extends Offer Period for Just Eat Takeaway Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Prosus ( (NL:PRX) ).

Prosus N.V. has announced an extension of the acceptance period for its public offer to acquire Just Eat Takeaway.com N.V. until October 1, 2025. This extension aligns with the revised competition clearance timeline set by the European Commission, which is expected to make a decision on the transaction by August 11, 2025. The extension is intended to provide Just Eat Takeaway.com shareholders with sufficient time to tender their shares. The transaction is contingent upon receiving competition clearance from the European Commission, which is the last regulatory approval needed for the deal to proceed. Prosus and Just Eat Takeaway.com are working closely with the Commission to secure this clearance.

More about Prosus

Prosus N.V. is a global consumer internet group and one of the largest technology investors in the world. The company operates across various sectors including online classifieds, food delivery, payments and fintech, and education technology. Prosus focuses on building leading companies that empower people and enrich communities.

See more insights into PRX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1