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Takeaway.com Shareholders Approve All-Share Just Eat Merger

9th Jan 2020 16:03

(Alliance News) - Takeaway.com NV said Thursday shareholders have approved its all-share merger with FTSE 100-listed takeaway platform Just Eat PLC.

A Takeaway.com extraordinary general meeting approved all proposals relating to the combination with Just Eat, allowing the deal worth 916 pence per Just Eat share to go ahead.

This followed a previous bid of 731p, which was upped as part of a bidding war Prosis NV.

Prosus, which was recently spun off from South African media giant Naspers Ltd, has been Takeaway.com's rival for Just Eat, having offered cash bids of 710p, 740p, and even 800p.

Shares in Just Eat were up 1.9% at 885.00 pence in London on Thursday.

By Anna Farley; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


Related Shares:

Just Eat
FTSE 100 Latest
Value8,809.74
Change53.53