Just Eat Ondaweway said he was removing his shares from the London Stock Exchange due to the “low liquidity and commercial volumes” of his shares on the stock exchange.
Mike Kemp In the pictures Getty images
European giant of food supply Just eat Takeaway.com It is to be purchased by the Dutch Investor Investor Prosus in a contract worth about 4.1 billion euros ($ 4.3 billion).
The values of offers simply eat shares after 20.3 euros each, which is a bonus of 63% compared to the closing price of the company on Friday.
Prosus, which is the property of Naspers from South Africa, already has 28% shares in a leading food supply company Delivery hero.
“We are very excited about Just Eat Takeaway.com to join the Prosus group and the opportunity to create a European technology master,” said Fabricio Bloisi, CEO of Prosus and Naspers Group.
“We believe that combining strong technical and investment capabilities of Prosus with the leading position of the Eat Takeaway.com brand in key European markets will create a significant value for our clients, drivers, partners and shareholders,” said Bloisi.
Just eat
The offer appears after a rocky few years to eat. Like many other foods dealing with food supply, the price of the company's shares fell after Coronawirus pandemic, which initially increased companies when consumers turned to these platforms during blockades.
However, a clear change in consumer habits, however, led to a sharp slowdown of growth.
The Dutch international multinational withdrew from the London Stock Exchange at the end of last year, citing “reducing administrative burden, complexity and costs associated with disclosure and regulatory requirements for maintaining the LSE list.” This movement made Amsterdam the only trade place of the company.
In November, Just Eat Takeaway.com said that he would sell his Grubhub arm to the New York Wonder internet startup for $ 650 million-a huge discount compared to $ 7.3 billion, which the company paid for the American application for the supply of food.
“Prosus fully supports our strategic plans, and its extensive resources will help to further accelerate our investments and development in food, food, fintech and other adhesion. We are looking forward to the exciting future, ”Jitse Groen, CEO and founder of Just Eat Takeaway.com, said in a statement from Monday.
– Ryan Browne from CNBC contributed to this report.