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Euronews

Una Hajdari

EU clears €4.1bn Just Eat takeover but prevents food delivery mega-merger

Just Eat European Union United States Delivery Hero Naspers Commission Europe Glovo Brussels Prosus

The European Commission has approved the €4.1 billion acquisition of Just Eat Takeaway.com (JET) by Naspers, through its investment arm Prosus, after the technology group agreed to take concrete steps to reduce its influence in Europe’s food delivery market.

Prosus already holds a significant minority stake in Delivery Hero—one of the largest food delivery companies in Austria, Bulgaria, Italy, Poland and Spain—which operates popular brands such as Glovo, Foodora, and efood.

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