Prosus, Just Eat and European food

Prosus to Buy Just Eat in Bid to Become Food Delivery Giant
Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), as the Dutch technology investor with stakes in several food delivery companies seeks to become an industry giant. The all-cash deal at €20.
Prosus to buy Just Eat to create a European food delivery 'champion'
Dutch technology investor Prosus has agreed to buy Just Eat Takewaway.com for 4.1 billion euros ($4.3 billion) to create a "European tech champion" of food delivery, it said on Monday. Prosus' move comes nearly five years after it lost a takeover battle for Just Eat to in a 5 billion pound ($6.
Prosus to Buy Just Eat Takeaway.com for $4.3 Billion -- 2nd Update
Prosus reached a conditional agreement to acquire Just Eat Takeaway for 4.1 billion euros ($4.29 billion), or 20.30 euros a share, in cash, the companies said. This represents a 63% premium to the food-delivery group's closing price on Friday, but is below the price of 23 euros a share at which the company listed back in 2016.
Prosus Announces $4.29B Deal for Just Eat Takeaway.com to Expand Its Food-Delivery Investments
Just Eat Takeaway.com (JTKWY) is a hot topic this morning after tech investor Prosus (PROSY) announced it will acquire the online food ordering
Just Eat deal delivers a fresh playbook for Prosus
Why take only a nibble when you can eat the whole meal? That seems to be the logic of Prosus’ €4.1bn acquisition of Just Eat Takeaway. The Amsterdam-listed tech investor was once a ragbag of investments orbiting around one stellar asset, a $146bn stake in Chinese tech giant Tencent, bought for a song in 2021.
Just Eat to be bought by investment group Prosus in deal estimated at £3.4bn
The planned all-cash offer comes after a difficult past few years for the firm, which had enjoyed booming business - and a soaring share price - during the pandemic when households were forced to eat
Prosus' Deal for Just Eat Takeaway Came Sooner Than Expected -- Market Talk
Prosus' deal was a bit unexpected, Barclays analysts write in a note. "We had thought any move for Just Eat Takeaway might come after other strategic moves in food delivery," they say. The technology investor didn't have a pre-existing stake in Just Eat and doesn't have large economic exposure to the countries--Germany,
Prosus to acquire Just Eat Takeaway in €4bn deal
Just Eat Takeaway is set to be acquired by investment group Prosus in a €4.1bn deal that will lead to the European food delivery company’s delisting from public markets.
Food-Delivery Stocks Rally in Europe After Prosus Agrees to Buy Just Eat Takeaway.com
Technology investor Prosus agreed to buy Just Eat Takeaway.com for $4.3 billion, adding to its extensive food-delivery portfolio. Shares in Just Eat Takeaway.com jumped more than 50% in morning trading in Amsterdam,
Prosus to snap up Just Eat in £3.3bn deal
Private equity giant Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based private equity firm said it intends to launch the offer “as soon as practically possible”,
Just Eat Takeaway.com set to be acquired by tech investor Prosus for nearly $4.3 billion
Europe’s Just Eat Takeaway.com could soon have a new owner. Technology investment company Prosus has agreed to buy the food ...
Prosus (PROSF) Gets a Buy from Citi
In a report released today, Monique Pollard from Citi maintained a Buy rating on Prosus (PROSF – Research Report), with a price target of ...
Prosus’ $4.3B takeover bid fuels a 54% surge in Just Eat stock
Prosus' $4.3 billion bid for Just Eat Takeaway fuels a 54% stock surge, sparking regulatory and competition concerns.
Tech, Media & Telecom Roundup: Market Talk
Find insight on Alibaba, Prosus’ offer for Just Eat Takeaway and more in the latest Market Talks covering technology, media ...
M&A News: AI Takeaways On Menu After Prosus (PROSF) Snaps Up Just Eat For $4.1B
Global technology investor Prosus (PROSF) has promised an AI takeaway experience for customers after snapping up food delivery group Just Eat ...
TechCentral1d
Prosus in blockbuster R79-billion Just Eat acquisition
Naspers’s European-listed subsidiary Prosus has agreed to buy Just Eat Takeaway.com, a major European player in the on-demand ...