Published by Global Banking & Finance Review®
Posted on July 28, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleEU regulators assess Prosus' plan to cut Delivery Hero stake below 10% to address antitrust concerns over the Just Eat Takeaway deal.
By Foo Yun Chee
BRUSSELS (Reuters) -EU antitrust regulators are seeking feedback from third parties on Prosus' offer to slash its Delivery Hero stake to below 10% to address EU concerns about its 4.1 billion euro ($4.77 billion) Just Eat Takeaway deal, a person with direct knowledge of the matter said on Monday.
Amsterdam-headquartered Prosus has proposed incrementally selling down its 27.4% stake in Delivery Hero and giving up its board seat, other people familiar with the matter told Reuters earlier this month.
The company, which is majority owned by South Africa's Naspers, is banking on its AI capabilities to boost Just Eat Takeaway, Europe's biggest meal delivery firm.
The European Commission, which acts as the competition enforcer in the 27-country bloc, did not detail the size of the stake to be sold off in the document sent to third parties, the person said.
Respondents have until July 31 to reply.
The Commission, which will decide on the deal by August 11, declined to comment. Prosus was not immediately available for comment.
Delivery Hero and Just Eat Takeaway compete with each other in Austria, Bulgaria, Italy, Poland and Spain.
($1 = 0.8587 euros)
(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)
Prosus has proposed to sell down its 27.4% stake in Delivery Hero to below 10% and relinquish its board seat to address EU antitrust concerns.
Respondents have until July 31 to provide their feedback on Prosus' offer.
The European Commission is expected to make a decision on the deal by August 11.
Delivery Hero and Just Eat Takeaway compete with each other in several countries, including Austria, Bulgaria, Italy, Poland, and Spain.
The reduction aims to alleviate EU concerns regarding Prosus' influence in the market, which is crucial for maintaining competitive practices in the meal delivery sector.
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