Just Eat heated up by $6.5 billion Prosus bid

Just Eat heated up by $6.5 billion Prosus bid

Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday. The new cash offer of 740 pence per share, up from 710 pence, is about 5% higher than rival Takeaway’s all-share bid, which has the backing of Just Eat. Takeaway’s CEO, Jitse Groen, described the new Prosus offer as ’derisory’.

pennydreadful
pennydreadful
Top in Business
Get the App