Prosus extends offer deadline for Just Eat Takeaway

Extension aligns with European Commission’s revised timeline for regulatory clearance, with final decision expected by 11 August

Prosus, a global consumer internet group and one of the world’s largest technology investors, announced the extension of the acceptance period for its public offer to acquire Just Eat Takeaway.com (JET), a global on-demand delivery platform that connects consumers with 356 000 partners in 18 countries. The new deadline is set for 1 October 2025, at 17:40 CEST, in line with the revised timeline for regulatory approval from the European Commission.

The extension allows additional time for the European Commission’s ongoing review under the EU Merger Regulation, with a final decision on the proposed transaction expected by 11 August 2025. The extension ensures that JET shareholders have sufficient opportunity to tender their shares once the regulatory outcome is known.

Previously tendered shares, including ordinary shares, American depositary shares, and CREST depositary interests, will remain valid during this extended period unless withdrawn, as outlined in the Offer Memorandum.

At this stage, competition clearance from the European Commission remains the only outstanding regulatory requirement for the deal to proceed. Both Prosus and JET affirm their continued cooperation with regulators to secure approval.