The actions of Just Eat Takeaway.com experience an impressive rise in 53,76% In the Amsterdam bag, reaching a unit value of 19,105 euros. This increase occurs after Prosus, the investment arm of the South African technological firm Naspers, announced the acquisition of the ‘Delivery’ company by 4.1 billion euros.
Prosus has reached a “conditional” agreement to make a recommended public offer on the 100% of the actions of Just Eat Takeaway.com, valuing the company in approximately 4.1 billion euros. Prosus’s proposal includes cash payment 20.30 Euros (“when dividing”) for each action of Just Eat Takeaway.com, which represents a premium of the 63,4% on Friday’s closure price.
Naspers, who already has more than 25% of the German Delivery Hero platform, owner of Glovo, had tried to acquire just eat before with an offer of 5,500 million pounds (6,640 million euros). However, it was Takeaway.com that finally acquired the British platform in 2020.
The directories of Just Eat Takeaway.com have unanimously supported the offer of Prosus, considering it “convincing” and in line with the interests of the company in the long term. They recommend the shareholders of Just Eat Takeaway.com to adhere to the transaction.
The CEO of Just Eat Takeaway.com and other members of the board of directors that have around the 8,1% The actions have agreed to offer them in the offer. Prosus has assured that he will support the current strategy of the company and has no plans to implement a separation strategy. In addition, he undertakes to maintain the group headquarters in Amsterdam and preserve their key brands.
Fabricio Bloisi, CEO of Prosus and Naspers, has expressed its confidence that the combination of the technical capabilities and investment of Prosus with the leading brand of Just Eat Takeaway.com in European markets will generate significant value for all involved.
Jitse Groen, CEO and founder of Just Eat Takeaway.com, stressed that the support of Prosus will accelerate its investments and growth in key sectors such as food, groceries and financial technology.