Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion [MSNBC.com]
NASPERS LTD S/ADR (NPSNY)
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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 Hero"We are very excited for Just Eat Takeaway.com to join the Prosus group and the opportunity to create a European tech champion," Fabricio Bloisi, CEO of Prosus and Naspers group, said in a statement."We believe that combining Prosus' strong technical and investment capabilities with Just Eat Takeaway.com's leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders," Bloisi said.Stock Chart IconStock chart icon
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