Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion

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Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion

Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the “low liquidity and trading volumes” of its shares on the exchange.

Mike Kemp | In Pictures | Getty Images

European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal worth roughly 4.1 billion euros ($4.3 billion).

“Acquiring Just Eat Takeaway.com provides a unique opportunity for Prosus to build a European food delivery champion and strengthen Prosus’ position in a key growth sector, complementing its existing food delivery footprint outside of Europe,” the companies said in a joint statement Monday.

This is a developing news story and will be updated shortly.

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