Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), as the Dutch technology investor with stakes in several food delivery companies seeks to become an industry giant.

Europe’s Just Eat Takeaway.com could soon have a new owner. Technology investment company Prosus has agreed to buy the food delivery giant for 4.1 billion euros ($4.29 billion).

Prosus N.V. acquires Just Eat Takeaway.com N.V. for EUR 4.1B, becoming the 4th largest food delivery group. Click here to find out PROSY stock is a Buy.

Amsterdam-listed investment group Prosus agreed to buy Just Eat Takeaway.com to create the fourth largest food delivery group globally.

Just Eat Takeaway is set to be acquired by investment group Prosus in a €4.1bn deal that will lead to the European food delivery company’s delisting from public markets.

Investment group Prosus has signed a conditional agreement to acquire Netherlands-based on-demand delivery company Just Eat Takeaway.com in a €4.1bn ($4.28bn) deal. Through the acquisition of JET, Prosus will establish a platform generating €53bn in gross transaction value and €10bn in revenue.

The planned all-cash offer comes after a difficult past few years for the firm, which had enjoyed booming business - and a soaring share price - during the pandemic when households were forced to eat

Prosus already holds stakes in food delivery operations in India, South America, and Southeast Asia. View on euronews