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EU: Takeaway shareholders approve Just Eat acquisition

 |  January 9, 2020

Dutch food ordering company Takeaway.com announced on Thursday, January 9, its shareholders had approved plans for the company’s proposed £5.9 billion (US$7.7 billion) acquisition of British peer Just Eat.

In a statement, Takeaway said its plan for an all-share merger had been approved at an extraordinary meeting of shareholders in Amsterdam.

Takeaway is vying with rival Prosus to buy Just Eat. Takeaway announced on December 19 that it has assurances from 46% of Just Eat shareholders that they will tender their shares to its all-share offer, currently worth 879 pence. Prosus bid 800 pence in cash per Just Eat share.

Full Content: Reuters

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