Tag #Prosus

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dailymail.co.uk

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May 19, 16:08

Protus Launches \$4.3 Billion Takeover Bid for Just Eat Takeaway

Dutch investment firm Protus launched a \$4.3 billion takeover bid for Just Eat Takeaway, offering €20.30 per share, a 63 percent premium, following Just Eat's struggles after the Grubhub acquisition and post-pandemic demand slowdown.

Protus Launches \$4.3 Billion Takeover Bid for Just Eat Takeaway

Dutch investment firm Protus launched a \$4.3 billion takeover bid for Just Eat Takeaway, offering €20.30 per share, a 63 percent premium, following Just Eat's struggles after the Grubhub acquisition and post-pandemic demand slowdown.

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What are the immediate implications of Protus's takeover bid for Just Eat Takeaway's shareholders and the broader food delivery market?

Protus, a Dutch investment firm, has launched a \$4.3 billion takeover bid for Just Eat Takeaway, a food delivery company. This follows DoorDash's acquisition of Deliveroo for \$2.9 billion. The offer is €20.30 per share, a 63 percent premium.

dutchnews.nl

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Feb 24, 16:08

Prosus Acquires Just Eat Takeaway for €4.1 Billion

Prosus, an Amsterdam-listed tech investment firm, launched a successful €4.1 billion takeover bid for Just Eat Takeaway, offering €20.30 per share—a 63% premium—after Just Eat Takeaway sold its loss-making US subsidiary Grubhub.

Prosus Acquires Just Eat Takeaway for €4.1 Billion

Prosus, an Amsterdam-listed tech investment firm, launched a successful €4.1 billion takeover bid for Just Eat Takeaway, offering €20.30 per share—a 63% premium—after Just Eat Takeaway sold its loss-making US subsidiary Grubhub.

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How did Just Eat Takeaway's sale of Grubhub influence this acquisition?

This acquisition follows Just Eat Takeaway's sale of its loss-making US arm, Grubhub, for $650 million. The $7.3 billion Grubhub acquisition in 2021 proved unprofitable due to competition and regulatory pressures. The takeover reflects Prosus's strategic investment in the European food delivery market and Just Eat Takeaway's need for resources to fuel growth.

theguardian.com

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Feb 24, 13:10

Prosus Acquires Just Eat Takeaway.com for €4.1 Billion

Prosus, a South African investor, acquired Just Eat Takeaway.com for €4.1bn (£3.4bn) on [Date], two months after the company left the London Stock Exchange, marking a significant consolidation in the European food delivery market.

Prosus Acquires Just Eat Takeaway.com for €4.1 Billion

Prosus, a South African investor, acquired Just Eat Takeaway.com for €4.1bn (£3.4bn) on [Date], two months after the company left the London Stock Exchange, marking a significant consolidation in the European food delivery market.

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What are the immediate consequences of Prosus's acquisition of Just Eat Takeaway.com?

Prosus, a South African investor, has acquired Just Eat Takeaway.com for €4.1bn (£3.4bn). This follows Just Eat's recent departure from the London Stock Exchange and represents a 22% premium to its three-month high share price. The deal is expected to create a European tech champion.

nrc.nl

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Feb 24, 22:09

Prosus Acquires Just Eat Takeaway.com for €4.1 Billion

Prosus, the investment arm of Naspers, is acquiring Just Eat Takeaway.com (JET) for €4.1 billion, aiming to create a European tech champion. JET will remain headquartered in Amsterdam, with its CEO staying on but selling his shares. The acquisition reflects a broader undervaluation of European tech ...

Prosus Acquires Just Eat Takeaway.com for €4.1 Billion

Prosus, the investment arm of Naspers, is acquiring Just Eat Takeaway.com (JET) for €4.1 billion, aiming to create a European tech champion. JET will remain headquartered in Amsterdam, with its CEO staying on but selling his shares. The acquisition reflects a broader undervaluation of European tech ...

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How does Prosus's experience with iFood inform its strategy for integrating and growing Just Eat Takeaway.com, and what are the potential challenges?

Prosus's strategy involves leveraging its experience in the food delivery sector, particularly its ownership of iFood in Brazil, to accelerate JET's growth in profitable European markets. They aim to employ iFood's successful growth strategy, which saw a 30% increase in orders last year, in contrast to JET's 5% decrease. This 'winner-takes-all' market necessitates aggressive growth to increase margins.

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