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Feb 24, 2025
Just Eat Soars as Prosus Offers $4.3 Billion Buyout Deal
In a major shakeup for the food delivery industry, Dutch tech investor Prosus has offered to acquire Just Eat Takeaway.com for €4.1 billion ($4.3 billion). The deal, announced on February 24, 2025, values Just Eat’s shares at €20.3 each, a 63% premium over its closing price on Friday. The news sent Just Eat’s stock soaring by 54%, hitting a new 52-week high, while Prosus shares fell 8.3% amid investor skepticism.