Global technology company Prosus N.V. has announced a conditional agreement to acquire Just Eat Takeaway.com. This strategic move is set to establish the world's fourth largest food delivery group. Prosus plans to purchase all issued shares of Just Eat Takeaway at a price of €20.30 per share.
This offer represents a 49% premium over the volume-weighted average price (VWAP) of the stock for the three months ending February 21, and a 22% premium over the highest stock price in the past three months. The acquisition is expected to significantly enhance Prosus's position in the global food delivery market.