The European Commission has approved the proposed acquisition of Just Eat Takeaway.com by Naspers, via its subsidiary Prosus, under the EU Merger Regulation.
Naspers offered to significantly reduce its shareholding in Delivery Hero, below a specified very low percentage, within 12 months and to implement a set of additional commitments.
The divestment and additional commitments mean that Naspers will have no influence over, or material interest in, Delivery Hero's commercial decisions or strategy. Consequently, based on current third-party share interests, Prosus will no longer be Delivery Hero's largest shareholder.
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