Prosus to buy Just Eat for $4.3 billion as it seeks to create European food delivery 'champion'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2025
0mins
Should l Buy ?
Source: CNBC
Prosus Acquisition of Just Eat Takeaway.com: Dutch investor Prosus is set to acquire Just Eat Takeaway.com for approximately 4.1 billion euros, valuing shares at a 63% premium, aiming to create a leading European tech entity in the food delivery sector.
Challenges and Strategic Moves: Just Eat has faced significant challenges post-pandemic, including a stock price decline and a recent sale of its GrubHub arm, but aims to leverage Prosus's resources to enhance growth across various sectors.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
