Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion [MSNBC.com]
NASPERS LTD S/ADR (NPSNY)
NASDAQ:AMEX Investor Relations:
naspers.com/news/publication-of-prospectus-and-expected-admission-o
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Source: MSNBC.com
Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the "low liquidity and trading volumes" of its shares on the exchange.Mike Kemp | In Pictures | Getty ImagesEuropean food delivery giantJust Eat Takeaway.comThe offer values Just Eat's shares at 20.3 euros each, representing a premium of 63% when compared to the firm's closing price on Friday.Prosus, which is majority owned by South Africa's Naspers, already holds a 28% stake in leading food delivery companyDelivery HeroShares of Just Eat soared as much as 54% on Monday morning, notching a new 52-week high. The stock price was last seen trading 52.8% higher on the news.Prosus shares fell 8.3%, tumbling to the bottom of the pan-European Stoxx 60
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- Naspers Limited (OTCMKTS: NPSNY) was upgraded by analysts at The Goldman Sachs Group, Inc. to a "strong-buy" rating.MarketBeat
- Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion [MSNBC.com]MSNBC.com
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