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Just Eat Takeaway said he was eliminating his actions from the London Stock Exchange due to the “low liquidity and negotiation volumes” of his actions in the bag.
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European food delivery giant Just eat takeoway.com It is prepared to be acquired by the Dutch technology investor Prosus in an cash agreement worth approximately 4.1 billion euros ($ 4.3 billion).
The supply values only Eat shares at 20.3 euros each, which represents a 63% premium compared to the closing price of the company on Friday.
Prosus, who is the majority owned by Naspers in South Africa, already has a 28% participation in the leading food delivery company Delivery hero.
“We are very excited that Just Eat Takeaway.com joined the Prosus group and the opportunity to create a European technology champion,” said Fabricio Bloisi, CEO of Prosus and Naspers Group.
“We believe that combining the strong technical and investment capacities of Prosus with the leading brand position of Solo Takeoway.com in key European markets will create significant value for our clients, drivers, partners and shareholders,” said Bloisi.
Just eat
The offer occurs after a few rocks for just eating. Like many other food delivery companies, the price of the company’s shares collapsed following the Coronavirus pandemic, which had initially promoted companies when consumers turned to these platforms during blockages.
A change marked in consumption habits since, however, it led to strong deceleration in growth rates.
The Dutch multinational was excluded from the London Stock Exchange at the end of last year, citing an effort to “reduce administrative load, complexity and costs associated with dissemination and regulatory requirements to maintain the LSE list.” The movement made Amsterdam the only commercial place in the company.
In November, Just Eat Takeaway.com said it would sell its Grubhub arm to the startup online to carry Wonder on line for $ 650 million, a great discount compared to the $ 7.3 billion that the company paid for the application of US delivery. UU.
“Prosus fully supports our strategic plans and their extensive resources will help to accelerate our investments and growth between food, edible, Fintech and other adjacencies. We expect an exciting future together,” Jitse Groen, CEO and founder of Just Eat Takeoway.com, He said in a statement on Monday.
– CNBC Ryan Browne contributed to this report.