Prosus Increases Cash Offer for Just Eat to GBP5.1 Billion

Date : 12/09/2019 @ 7:43AM
Source : Dow Jones News
Stock : Just Eat Plc (JE.)
Quote : 889.2  2.6 (0.29%) @ 8:50AM

Prosus Increases Cash Offer for Just Eat to GBP5.1 Billion

Prosus NV (EU:PRX)
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By Adriano Marchese

 

Prosus N.V. (PRX.AE) said Monday that it has increased the cash offer for the entire issued and to-be issued capital of Just Eat PLC (JE.LN) to 740 pence a share.

The Amsterdam-listed company said the increased offer values the U.K. food delivery company at around 5.1 billion pounds ($6.70 billion). Prosus previously offered 670 pence a share.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

December 09, 2019 02:28 ET (07:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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