‘Dream combination': Takeaway.com takes home Just Eat merger deal
The Dutch delivery firm received eight in ten acceptances from Just Eat shareholders, surpassing the 50% plus one threshold it needed.
Takeaway.com emerged as the victor in the intense bidding war with fellow Dutch rival Prosus as Just Eat took on the former’s £5.9bn all-share offer.
The delivery firm’s 916 pence per share offer, which lapsed on 10 January, became unconditional as Takeaway received eight in ten acceptances from Just Eat shareholders, surpassing the 50% plus one threshold it needed.
“Just Eat Takeaway.com is a dream combination and I am very much looking forward to leading the company for many years to come,” Takeaway.com CEO Jitsi Groen said in a statement.
Last 9 January, Takeaway shareholders have accepted the merger deal in an extraordinary general meeting.
It was in August 2019 that Takeaway first proposed its merger deal before getting into a heated bidding war with Prosus to acquire the UK-based delivery platform.
