Just Eat to be bought by investment group Prosus in £3.4bn deal
Just Eat Takeaway.com is set to be acquired by a Dutch technology investor in a deal worth around 4.1 billion euros (£3.4 billion). The planned all-cash offer comes after a difficult past few years for Amsterdam-based Just Eat, which had enjoyed booming business and a soaring share price during the pandemic but saw trading and its stock price decline sharply when lockdowns ended. Just Eat Takeaway.com will continue to be based in Amsterdam under its current name and will maintain its key brands following the deal.
- The acquisition by Prosus represents an opportunity for the European food delivery market to consolidate, potentially leading to increased investment in technology and customer experiences that could benefit consumers.
- How will the strategic integration of Just Eat Takeaway.com with Prosus's existing food delivery portfolio impact the competitive dynamics of the global food delivery industry?