A massive delivery deal just cleared in Europe. The acceptance period for the offer will remain open until October 1, 2025, at 17:40 CEST.

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Amsterdam-based Prosus, a global technology company, announced that it has received European Commission approval to acquire Just Eat Takeaway.com, securing the final regulatory clearance for its €4.1B offer.

This was the final regulatory approval required to complete the offer. All necessary approvals have now been obtained ahead of schedule.

“We are very pleased with the European Commission’s rapid approval of the acquisition of JET,” says Prosus CEO Fabricio Bloisi. “Innovation waits for no one, and now that we have this approval, we can get started quickly. This is necessary because AI is rapidly changing the world of meal delivery. This milestone marks a powerful investment in the European future of AI and reinforces our commitment to Europe.”

To address competition concerns, Prosus agreed to significantly reduce its shareholding in rival Delivery Hero to below 10 per cent within 12 months.

Furthermore, Prosus and its parent company, Naspers, will no longer appoint or nominate any of their affiliates to Delivery Hero’s management, supervisory board, or other governing bodies.

The acceptance period for the offer will remain open until October 1, 2025, at 17:40 CEST. Prosus and JET are encouraging all shareholders to tender their shares under the offer.

“With the acquisition, we are bringing together JET’s trusted brands and leading market positions with Prosus’ technical expertise and global scale. This positions us to strengthen our growth, improve our customers’ user experience, and add more value for our partners, delivery drivers, and shareholders. Our ambition is clear: we are building a true European tech champion and leading meal delivery into the next innovative phase,” adds Bloisi.

If all conditions are met by the closing date, including the acceptance threshold, Prosus will declare the offer unconditional within three business days.

After receiving shareholder approval during the extraordinary general meeting on July 8, the acceptance threshold has been decreased from 95 per cent to 80 per cent of JET’s total issued and outstanding share capital, reports

The announcement comes over a month after the launch of AI House Amsterdam, a state-of-the-art innovation hub designed to foster collaboration, knowledge-sharing, and development in AI.

Prosus: A global consumer internet group

Prosus is a global consumer internet group and one of the largest technology investors in the world.

It invests in over 100 companies around the globe, focusing on building strong e-commerce leaders in growing markets.

Prosus already operates one of the world’s largest AI communities, with over 750 specialists working across a global network of innovation centres in Amsterdam, Berlin, Bangalore, Cape Town, and São Paul.

This ecosystem focuses on both technology and community. Last year, the annual AI Marketplace conference drew more than 12,000 attendees.