Just Eat battle ends with Takeaway.com as victor

Online food ordering company Takeaway.com has won the battle for the UK-listed Just Eat with a £5.9bn all-share offer. The deal will create one of the world's largest meal delivery companies. Dutch giant Takeaway.com was bidding against tech investment firm Prosus. The merged company, which will be led by Takeaway chief executive Jitse Groen, will have its headquarters in Amsterdam and a listing in London. The joint group will bring together businesses that process 360 million annual orders worth €7.3bn (£6.6bn).

Source: https://www.bbc.com/news/business-51065886

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