Prosus N.V. announced it has reached a conditional agreement to acquire Just Eat Takeaway.com (JTKWY) to create the fourth largest food delivery group globally. Prosus intends to acquire Just Eat Takeaway.com’s entire issued share capital for EUR 20.30 per share via a recommended all-cash public offer on the Amsterdam exchange. This represents a 49% premium to the three-month VWAP as of February 21 and a 22% premium to Just Eat Takeaway.com’s highest share price over the last three months.
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