Technology

Tech investor Prosus to shop for Simply Consume Takeaway.com for $4.3 billion

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Simply Consume Takeaway stated it was once delisting its stocks from the London Retain Trade because of the “low liquidity and trading volumes” of its stocks at the change.

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Ecu meals supply immense Simply Consume Takeaway.com is i’m ready to be bought by way of Dutch era investor Prosus in an all-cash do business in significance kind of 4.1 billion euros ($4.3 billion).

The deal values Simply Consume’s stocks at 20.3 euros every, representing a top class of 63% when in comparison to the company’s utmost worth on Friday.

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Simply Consume

“We are very excited for Just Eat Takeaway.com to join the Prosus group and the opportunity to create a European tech champion,” Fabricio Bloisi, CEO of Prosus and Naspers staff, stated in a commentary.

“We believe that combining Prosus’ strong technical and investment capabilities with Just Eat Takeaway.com’s leading brand position in key European markets will create significant value for our customers, drivers, partners, and shareholders,” Bloisi stated.

This can be a creating information tale and might be up to date in a while.

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