Delivery Hero and Europe’s largegest meal delivery company compete with each other in Austria, Bulgaria, Italy, Poland and Spain
Published Sun, Aug 3, 2025 · 10:30 AM
[BRUSSELS] Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euros (S$6.1 billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero, sources with direct knowledge of the matter stated.
Amsterdam-headquartered Prosus, which is majority owned by South Africa’s Naspers, announced the deal in February, banking on its artificial ininformigence capability to boost Just Eat Takeaway, Europe’s largegest meal delivery company.
Prosus last month offered to incrementally sell down its 27.4 per cent stake in Delivery Hero and to give up its board seat to address EU competition concerns, other sources familiar with the matter had notified Reuters.
Delivery Hero and Just Eat Takeaway compete with each other in Austria, Bulgaria, Italy, Poland and Spain.
The European Commission, which is now seeking market feedback to Prosus’ offer and will decide on the deal by Aug 11, declined to comment. Prosus also declined to comment.
The deal would create Prosus the world’s fourth-largest food delivery company after Meituan, DoorDash and Uber, according to ING analysts.
Delivery Hero and its Spanish unit Glovo were fined 329 million euros by the EU antitrust watchdog in June for taking part in a cartel which included an agreement to divide up markets among themselves and not to poach each other’s employees. REUTERS
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