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Takeaway shareholders approve Just Eat takeover

Shareholders of NV have approved the company's planned takeover of Just Eat PLC, including all of the terms in the proposal, according to a Jan. 9 regulatory filing.

The Dutch online food delivery provider said the voting results of the adopted resolutions will be published within five working days., which agreed to merge with its London-based peer in July 2019, raised its offer to 916 pence per share on Dec. 19, 2019, in a bid to win a takeover battle with e-commerce investor Prosus NV.

Naspers Ltd.-backed Prosus initially offered to acquire Just Eat for 710 pence per share but later increased it to 800 pence per share, or about £5.5 billion.

However, Just Eat's board continued to urge its shareholders to accept's offer and reject Prosus' bid, saying the latter will build greater value for the company.

Just Eat shareholders have until 1 p.m. London time Jan. 10 to vote on's final bid. It was recently reported that a majority of Just Eat investors plan to accept the offer.'s stock closed up 1.77% to €86.45 in Amsterdam trading Jan. 9. Just Eat's stock rose 1.84% to 884 pence at market close in London.