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Prosus successfully completes tender offer for Just Eat Takeaway.com, boosting share price

The Star

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October 03, 2025

NASIONALE Pers’ Amsterdam and JSE-listed subsidiary Prosus said Thursday that the tender offer for Just Eat Takeaway.com (JET) had completed successfully, with strong support from JET shareholders.

- EDWARD WEST

The announcement sent Prosus’ share price up by 3.01% to R1244.69 on the JSE on Thursday morning, a price that had risen by a strong 57.9% over 12 months. In contrast, the JSE All Share Index was up 1.56% at the same time.

The offer had exceeded the Acceptance Threshold of the transaction, with 90.13% of JET shares tendered, and the transaction has been declared unconditional, following its swift approval by the European Commission in August 2025.

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