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Dec. 12, 2019, 2:50 a.m. EST

Takeaway.com gets acceptances for 13.53% of Just Eat Shares, Extends Offer

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By Ian Walker

Takeaway.com N.V. said Thursday that it has received acceptances from Just Eat PLC shareholders owning 13.53% of the U.K. company’s issued share capital, and extended its offer to Dec. 27.

The Dutch food-delivery company /zigman2/quotes/201653805/delayed NL:TKWY -0.57%  , which is fighting off Prosus N.V. /zigman2/quotes/214038022/delayed NL:PRX -0.65%   for control of its U.K. peer, urged Just Eat  shareholders to accept its offer.

Takeaway’s all-stock proposal, which has been recommended by Just Eat’s board, valued the U.K. company at 731 pence a share based on the Dutch company’s share price of 83.55 euros ($93.05) on the last day before the proposed deal was disclosed in July. Takeaway.com shares closed at EUR84.20 on Wednesday.

Prosus, an Amsterdam-listed company which was spun out of South African investor Naspers Ltd /zigman2/quotes/205954517/delayed ZA:NPN +5.12%   earlier this year and is best known for housing a major stake in Chinese tech giant Tencent Holdings Ltd. /zigman2/quotes/204605823/delayed HK:700 +0.89%  , raised its own offer for Just Eat earlier this week.

Prosus’ latest offer is worth 5.1 billion pounds ($6.7 billion), or 740 pence a Just Eat share.

/zigman2/quotes/201653805/delayed
NL : Netherlands: Euronext Amsterdam
94.88
-0.54 -0.57%
Volume: 544,812
Sept. 24, 2020 5:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
€14.19 billion
Rev. per Employee
€86,944
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/zigman2/quotes/214038022/delayed
NL : Netherlands: Euronext Amsterdam
79.28
-0.52 -0.65%
Volume: 1.68M
Sept. 24, 2020 5:36p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
€129.93 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205954517/delayed
ZA : South Africa
304,482
+14,832 +5.12%
Volume: 1.45M
Sept. 23, 2020 5:06p
P/E Ratio
29.02
Dividend Yield
0.19%
Market Cap
1303.70 billion
Rev. per Employee
3.62M
loading...
/zigman2/quotes/204605823/delayed
HK : Hong Kong
HK$ 509.50
+4.50 +0.89%
Volume: 3.18M
Sept. 25, 2020 10:12a
P/E Ratio
42.57
Dividend Yield
0.24%
Market Cap
HK$4884.37 billion
Rev. per Employee
HK$8.27M
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