Just Eat Takeaway

Prosus, the Dutch investment group, has agreed to acquire Just Eat Takeaway, the Anglo-Dutch food delivery giant, for €4.1 billion (£3.4 billion). This transaction values Just Eat Takeaway at less than a third of its pandemic peak, reflecting a downturn in takeaway demand post-Covid.

Summary of transaction details:

• Value: £3.4 billion
• Sector: Logistics & Transport
• Advisor: No advisor mentioned
• Key Entities: Just Eat Takeaway (Target), Prosus (Acquirer)
• Location: Anglo-Dutch operations (Just Eat Takeaway); Dutch investment group (Prosus)

Note: This acquisition underscores the ongoing consolidation and recalibration within the global food delivery market, as companies navigate intense competition and a shift in consumer behavior following the pandemic-induced surge.