“Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion”
February 24, 2025
“European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
The offer valued Just Eat’s shares at 20.3 euros each, representing a premium of 63% when compared to the firm’s closing price on Friday.
The offer comes after a rocky few years for Just Eat, which was hit by a stark shift in consumer habits after the Covid-19 pandemic…”