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Prosus ( (NL:PRX) ) has provided an announcement.
Prosus N.V. has announced a recommended all-cash offer to acquire Just Eat Takeaway.com (JET), aiming to create a leading Europe-based food delivery platform. The offer, valued at approximately EUR 4.1 billion, represents a significant premium over JET’s recent share prices and has been unanimously recommended by JET’s management and supervisory boards. Prosus plans to leverage its AI and investment expertise to accelerate growth at JET, enhancing its market position and providing immediate value to shareholders amidst market volatility. The transaction is expected to be completed by the end of 2025, with potential implications for JET’s operational strategy and stakeholder interests.
More about Prosus
Prosus N.V., incorporated in the Netherlands, is a leading global food delivery investor and operator. The company has a strong presence in the e-commerce sector, with a focus on scaling platforms and leveraging AI capabilities to enhance operations and customer experience. Prosus is particularly known for its successful growth strategy in the food delivery industry, exemplified by its wholly-owned business iFood in Brazil.
Find detailed analytics on PRX stock on TipRanks’ Stock Analysis page.