LONDON: Prosus N.V. announces that it has entered into an agreement to sell 13,582,342 ordinary shares in Delivery Hero SE to Uber Technologies, Inc., representing approximately 4.5% of Delivery Hero’s total issued share capital. The shares are being sold at a price of €20.00 per share, representing a premium of approximately 22% to the 1-month…
AMSTERDAM: Prosus N.V. announced Thursday that its public offer for Just Eat Takeaway.com (JET) has been declared unconditional, paving the way for the transaction to close successfully. The move follows the tendering or irrevocable commitment of approximately 90.13% of JET’s issued and outstanding share capital. With all offer conditions satisfied, settlement is scheduled for Oct….
LONDON: OLX Group (OLX), a global online classifieds leader wholly-owned by Prosus, today announced it has entered into an agreement to acquire La Centrale, a leading French autos classifieds platform, from Providence Equity Partners L.L.C. for EUR1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process. OLX operates fast-growing and highly…
AMSTERDAM: Prosus N.V., through its subsidiary MIH Bidco Holdings B.V., has announced a recommended public offer to acquire Just Eat Takeaway.com N.V. (JET) for €20.30 per share in cash, valuing the European food delivery giant at approximately €4.1 billion. The offer represents a 63% premium to JET’s closing share price on Feb. 21, 2025, and…
LONDON, UK: Prosus, major subsidiary of Naspers, has entered into an agreement to acquire an additional 2.5 per cent stake in Delivery Hero, subject to regulatory approval, through its subsidiary, MIH Food Holdings B.V. The transaction will be funded from existing resources. Prosus believes acquiring the additional stake is a sound financial investment that will afford…
AMSTERDAM: Euronext has congratulated Prosus (PRX), the global consumer internet group and one of the largest technology investors in the world, on its listing in Amsterdam. The listing of Prosus on Euronext Amsterdam further strengthens Euronext’s position as the leading European platform for global tech companies who seek access to the worldwide capital markets. Prosus…