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Takeaway adjusts Just Eat bid

2019-11-04T12:18:42.247Z

Takeaway.com, the parent company of Thuisbezorgd, has adjusted the offer for its British counterpart Just Eat. With this, the company says it wants to give Just Eat shareholders certainty.



Takeaway.com, the parent company of Thuisbezorgd, has adjusted the offer for its British counterpart Just Eat. With this, the company says it wants to give Just Eat shareholders certainty.

Now there is a formal offer for Just Eat. Earlier an agreement was reached between the boards of Takeaway and Just Eat.

Under the new structure, 75 percent of the share capital, among other things, must be registered for the takeover to take place. Earlier that limit was not there yet.

Nothing changes in the takeover amount. Takeaway offers 0.09744 shares in the new combination for each Just Eat share. With Takeaway's share price at the time the bid was made, the Just Eat shareholders will receive £ 7.31 (€ 8.46) per share. But in the meantime, the share has fallen by 15 percent in price.

Media conglomerate Prosus now offers £ 7.10 per share, but the company does so in cash.

Source: nunl

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Business 2019-11-04T12:18:42.247Z

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