Just Eat in bidding war with rival €5.7bn Dutch offer

Dutch internet conglomerate Prosus has made an unsolicited £4.9bn (€5.7bn) cash bid to buy food delivery firm Just Eat, using its superior financial firepower to try to scupper an all-share offer from Dutch rival Takeaway.

Just Eat in bidding war with rival €5.7bn Dutch offer
Tue, 22 Oct, 2019 - 20:49
Reuters

By Toby Sterling and Paul Sandle

Dutch internet conglomerate Prosus has made an unsolicited £4.9bn (€5.7bn) cash bid to buy food delivery firm Just Eat, using its superior financial firepower to try to scupper an all-share offer from Dutch rival Takeaway. Analysts said a bidding war for Just Eat between the two Dutch-based suitors now looms.

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CourtsFoodPlace: BrazilPerson: Toby SterlingPerson: Paul SandlePerson: Bob van DijkPerson: van DijkPerson: Neil WilsonOrganisation: Just EatOrganisation: ProsusOrganisation: TakeawayOrganisation: TencentOrganisation: Takeaway.comOrganisation: Markets.comOrganisation: Reuters
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