The EU on Monday conditionally approved Dutch investment group Prosus’s bid to buy Just Eat Takeaway.com for 4.1 billion euros ($4.8 billion).

Prosus announced its plans to purchase the Amsterdam-based food delivery platform in February, saying it would create the fourth-largest food delivery group globally.

The European Commission, the EU’s antitrust regulator, gave the green light for the acquisition after Prosus offered commitments to address the bloc’s concerns.

Prosus has stakes in food business across more than 70 countries including full ownership of iFood, Latin America’s leading food delivery platform, plus stakes in Delivery Hero and China’s Meituan.

One of Europe’s most popular food delivery platforms, Just Eat Takeaway.com operates in 17 international markets.

The South Af

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