Fee clears Naspers’ Simply Eat Takeaway cope with situations

The European Fee has accepted the acquisition of meals supply large Simply Eat Takeaway by South Africa’s multi-billion-euro tech group Naspers.

Simply Eat Takeaway, Europe’s second-largest on-line meals supply platform after Supply Hero, is headquartered within the Netherlands and has orange-clad couriers delivering underneath manufacturers together with Simply Eat, Takeaway, Lieferando and Thuisbezorgd.

On Monday, the Fee accepted Naspers’ buy of Simply Eat Takeaway by way of its funding arm Prosus however ordered it to “considerably scale back” its stake in Berlin-based Supply Hero, the place it’s at the moment the biggest shareholder with 27,4 p.c of shares.

The EU govt mentioned this may guarantee each firms remained impartial rivals.

Naspers has mentioned it goals to create “a European meals supply champion” powered by AI.

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