{"id":272429,"date":"2025-07-18T16:02:15","date_gmt":"2025-07-18T16:02:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/272429\/"},"modified":"2025-07-18T16:02:15","modified_gmt":"2025-07-18T16:02:15","slug":"prosus-offers-to-slash-delivery-hero-stake-to-address-eu-concerns-about-just-eat-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/272429\/","title":{"rendered":"Prosus offers to slash Delivery Hero stake to address EU concerns about Just Eat deal"},"content":{"rendered":"\n<p class=\"yf-1090901\">By Foo Yun Chee<\/p>\n<p class=\"yf-1090901\">BRUSSELS (Reuters) -Prosus has offered to slash its Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its 4.1 billion euro ($4.78 billion) Just Eat Takeaway deal, a person with direct knowledge of the matter said on Friday.<\/p>\n<p class=\"yf-1090901\">Prosus, which is majority owned by South Africa&#8217;s Naspers, earlier said it had offered remedies to the European Commission but did not provide details.<\/p>\n<p class=\"yf-1090901\">The company&#8217;s assurances to the Commission that it does not control nor influence the German meal delivery company Delivery Hero despite its 27.4% stake failed to convince the EU competition enforcer, people with direct knowledge of the matter said.<\/p>\n<p class=\"yf-1090901\">Delivery Hero and Just Eat Takeaway compete with each other in Austria, Bulgaria, Italy, Poland and Spain.<\/p>\n<p class=\"yf-1090901\">Delivery Hero and its Spanish unit Glovo were fined 329 million euros by the EU antitrust watchdog last month for taking part in a cartel which included an agreement not to poach each other&#8217;s employees.<\/p>\n<p class=\"yf-1090901\">&#8220;We have submitted remedies that directly and comprehensively address the concerns expressed in their preliminary assessment, with a view to obtaining a Phase 1 approval,&#8221; Prosus said in a statement<\/p>\n<p class=\"yf-1090901\">($1 = 0.8585 euros)<\/p>\n<p class=\"yf-1090901\">(Reporting by Foo Yun Chee; Editing by Kirsten Donovan)<\/p>\n","protected":false},"excerpt":{"rendered":"By Foo Yun Chee BRUSSELS (Reuters) -Prosus has offered to slash its Delivery Hero stake to below 10%&hellip;\n","protected":false},"author":2,"featured_media":272430,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[3793,103273,2000,299,5187,2557,103274,87157],"class_list":{"0":"post-272429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-delivery-hero","9":"tag-direct-knowledge","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-commission","14":"tag-just-eat-takeaway","15":"tag-prosus"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114875081999043446","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/272429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=272429"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/272429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/272430"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=272429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=272429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=272429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}