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Prosus Clears Competition Hurdle in Just Eat Hostile Bid

The Dutch arm of South African internet titan Naspers, Prosus is a step closer to acquiring Just Eat, which is at the centre of...

Just Eat Board Says Revised Prosus Offer Undervalues Business

The board of Just Eat, the online food delivery platform, says the revised bid offer by tech giant Prosus undervalues the business. "The Board of...

Naspers’ Prosus Ups Offer for Just Eat to R98bn

The battle for control of Just Eat intensified today when Naspers-owned tech giant Prosus raised its offer to R98 billion. Just Eat has rejected a £5bn...

Naspers’ Prosus Urges Just Eat Investors to Accept its Offer by Dec 11

Tech giant Prosus has called on Just Eat shareholders to accept its offer and reject that of rival Takeaway.com. Just Eat has rejected a £5bn hostile...

Just Eat Bidding War: Prosus Says Takeaway Bid is not Attractive

Takeaway announced on Wednesday that its bid offer for Britain’s Just Eat presented a compelling opportunity for both companies. The Takeaway's offer is backed by...

Prosus’ OLX Invest up to R5.9bn in Frontier Car Group

OLX Group (OLX), a Prosus’ classifieds business, is investing $400 million (R5.9 billion) in online car marketplace Frontier Car Group (FCG). The transaction will result in...

Naspers’ Prosus Ventures in a R600m Investment in Indian Logistic Startup

Prosus Ventures (formerly Naspers Ventures) has led a $40 million (R600 million) investment in ElasticRun, a virtual logistics network that is revolutionising consumer products...

Prosus’ PayU Buys a Minority Stake in India’s Wealth-Tech Platform

PayU, the payments and Fintech business of Prosus, today leads the fresh round of investment worth $11 million (R165 million) through the acquisition of...

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