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Prosus offers remedies to address EU concerns about Just Eat deal



Prosus has offered to slash its Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its 4.1 billion euro ($4.78 billion) Just Eat Takeaway deal, a person with direct knowledge of the matter said on Friday.

Prosus, which is majority owned by South Africa’s Naspers , earlier said it had offered remedies to the European Commission but did not provide details.

The company’s assurances to the Commission that it does not control nor influence the German meal delivery company Delivery Hero despite its 27.4% stake failed to…



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Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link