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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 -1.17%  , which is fighting off Prosus N.V. /zigman2/quotes/214038022/delayed NL:PRX +0.70%   for control of its U.K. peer, urged Just Eat /zigman2/quotes/205192708/delayed UK:JE -1.70%  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 +1.53%   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 +0.05%  , 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
84.75
-1.00 -1.17%
Volume: 0.00
Jan. 24, 2020 5:37p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
€5.19 billion
Rev. per Employee
€86,944
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/zigman2/quotes/214038022/delayed
NL : Netherlands: Euronext Amsterdam
68.04
+0.47 +0.70%
Volume: 0.00
Jan. 24, 2020 5:35p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
€110.78 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205192708/delayed
UK : U.K.: London
865.60 p
-15.00 -1.70%
Volume: 1.73M
Jan. 24, 2020 4:35p
P/E Ratio
149.24
Dividend Yield
N/A
Market Cap
£5.89 billion
Rev. per Employee
£161,688
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/zigman2/quotes/205954517/delayed
ZA : South Africa
246,709
+3,709 +1.53%
Volume: 783,946
Jan. 24, 2020 5:00p
P/E Ratio
N/A
Dividend Yield
0.29%
Market Cap
1081.56 billion
Rev. per Employee
3.62M
loading...
/zigman2/quotes/204605823/delayed
HK : Hong Kong
HK$ 385.80
+0.20 +0.05%
Volume: 8.05M
Jan. 24, 2020 12:08p
P/E Ratio
37.61
Dividend Yield
0.26%
Market Cap
HK$3655.96 billion
Rev. per Employee
HK$8.27M
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