trending Market Intelligence /marketintelligence/en/news-insights/trending/3xtYcCnsjsSTPZbDvWIf3w2 content esgSubNav
In This List

Report: nears deal to merge with Just Eat


Bank failures: The importance of liquidity and funding data


A Cloud Migration Plan for Corporations featuring Snowflake®


Essential IR Insights Newsletter - February 2023


IR in Focus | Episode 2: Sustainability and Governance Regulations Deep Dive

Report: nears deal to merge with Just Eat NV is close to securing a merger deal with Just Eat PLC, possibly putting an end to the Netherlands-based company's takeover battle against Prosus NV for the U.K. food-delivery company, Bloomberg News reported Jan. 3, citing people with knowledge of the matter.

In December 2019, and the Naspers Ltd.-owned e-commerce investor both sweetened their offer for the company, with proposing a 916 pence-per-share deal and Prosus offering to buy Just Eat for 800 pence per share, or about £5.5 billion.

Just Eat's board said a day after the revised offers were submitted that it continues to believe the final offer provides greater value to Just Eat shareholders.'s proposal requires the majority of Just Eat shareholders to accept the bid to be successful. According to the Bloomberg report, Just Eat investors holding more than 50% of the company's stock have signaled that they will be agreeing to's all-stock offer, valuing the company at about £6 billion.

Just Eat investors have until 1 p.m. London time on Jan. 10 to tender their shares, the report said.

Bloomberg said representatives for Just Eat and Takeaway declined to comment, while a representative for Prosus could not immediately provide a comment.'s stock closed up 1.38% to €84.40 in Amsterdam trading Jan. 3, while Just Eat's stock also rose 1.71% to £8.67 at market close in London.