Prosus makes $6.3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger

As Amazon-backed Deliveroo expands into click-and-collect and procurement services to grow its footprint with restaurants in Europe, a food fight among three other takeout and delivery players continues apace in an ongoing consolidation march to compete better against the likes not just of Deliveroo but also Uber Eats and more. Today, Prosus — the recently-listed … Continue reading Prosus makes $6.3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger