An update from Prosus ( (NL:PRX) ) is now available.
Prosus, through its subsidiary MIH Bidco Holdings B.V., has announced a recommended public offer to acquire all issued and outstanding shares of Just Eat Takeaway.com at EUR 20.30 per share. This transaction is expected to position Prosus as a leading AI-driven European tech entity, enhancing Just Eat Takeaway.com’s brand and operations while providing shareholders with a substantial cash premium. The offer is anticipated to commence in Q2 2025, subject to regulatory approvals, with settlement expected by year-end.
More about Prosus
Prosus is a global technology company focused on unlocking an AI-first world for its 2 billion customers. It invests in over 100 companies worldwide, building local ecommerce champions in growth markets. Prosus has a strong presence in the food delivery sector, having invested over US$10 billion globally, with operations spanning more than 70 countries and partnerships with leading platforms like iFood, Delivery Hero, Meituan, and Swiggy.
YTD Price Performance: 21.38%
Average Trading Volume: 76,204
Technical Sentiment Signal: Sell
Current Market Cap: $109.3B
For a thorough assessment of PRX stock, go to TipRanks’ Stock Analysis page.