Prosus brings in six lenders for £5.1bn Just Eat bid

Takeaway.com phone 230x150
By Mike Turner
09 Dec 2019

The Netherlands’ Prosus has raised its takeover offer for food delivery firm Just Eat to around £5.1bn. It has brought in a host of banks to finance the bridge facility, but the boss of opposing bidder Takeaway.com called Prosus' bid “derisory”.

Prosus, the European consumer internet arm of South Africa’s Naspers, has increased its debt-backed hostile bid for online company Just Eat from 710p a share in cash to 740p a share. That raises the value of the bid by £200m.

Prosus has brought in a syndicate of banks to ...

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