Prosus N.V., through its indirectly wholly owned subsidiary MIH Bidco Holdings B.V., completed its recommended all-cash public offer for all issued and outstanding ordinary shares, American depositary shares and CREST depositary interests of Just Eat Takeaway.com N.V. at €20.30 per share, valuing the target at approximately €4.1 billion. The offer was originally announced on February 24, 2025, and launched pursuant to an offer memorandum dated May 19, 2025, approved by the Dutch Authority for the Financial Markets. On October 17, 2025, the parties announced the final results: during the post-closing acceptance period that expired October 16, 2025, an additional 16,287,885 shares representing 8.06 percent of the share capital were tendered, bringing Prosus's total holding to 198,371,989 shares, or approximately 98.19 percent of the issued and outstanding share capital, with an aggregate value of approximately €4.03 billion. Settlement of shares tendered during the post-closing acceptance period took place on October 21, 2025. Prosus announced it would initiate statutory squeeze-out proceedings to obtain 100 percent of the shares. The last trading day of the ordinary shares on Euronext Amsterdam was November 14, 2025, with the listing terminating as of November 17, 2025. Just Eat Takeaway.com, headquartered in Amsterdam and formed from the 2020 merger of Just Eat and Takeaway.com, operates an online food delivery marketplace across numerous countries including Canada, the United Kingdom, Germany, the Netherlands and Australia. Prosus, majority-owned by Naspers, holds an extensive global food delivery portfolio.

Goldman Sachs is acting as financial advisor to Prosus, with legal counsel from Allen Overy Shearman Sterling LLP, Skadden, Arps, Slate, Meagher & Flom LLP, and Davis Polk & Wardwell London LLP. Brunswick and FGS serve as communications advisors. Just Eat Takeaway.com is advised financially by Gleacher Shacklock LLP and Morgan Stanley & Co. International plc, with legal counsel from De Brauw Blackstone Westbroek N.V. Lazard has issued a fairness opinion to Just Eat Takeaway.com's Supervisory Board, which is advised by Freshfields LLP. Davies Ward Phillips & Vineberg LLP is serving as Canadian competition counsel.