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Clash for Just Eat reaches climax as bidders make final offers – live updates – Telegraph.co.uk, Telegraph.co.uk

Clash for Just Eat reaches climax as bidders make final offers – live updates – Telegraph.co.uk, Telegraph.co.uk


Just EatJust Eat
Just Eat has been at the center of a bidding war for months
Just Eat is poised to fall into the hands of Takeaway.com after the Dutch delivery firm landed a knockout blow in its tussle with tech titan prosus.

 

Both Takeaway and Prosus increased their offers today with best and final bids – with Takeaway leading the battle after a £ 5.5bn offer from its rival failed to convince.

 

Although shareholders have until Jan to decide which of the two approaches to accept, Takeaway revealed it is close to obtaining sufficient backing to force an all-share merger through.

 

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