Takeaway.com asks Delivery Hero to not vote on Just Eat deal
(Reuters) - Online food delivery firm Takeaway.com <TKWY.AS> on Monday asked shareholder Delivery Hero <DHER.DE> to withhold from voting on its merger with Just Eat <JE.L>, citing a conflict of interest.
"Delivery Hero's own market position as well as Prosus' position as the largest shareholder in Delivery Hero in itself gives rise to a conflict of interest," Takeaway.com said in a statement.
Internet conglomerate Prosus <PRX.AS>, which made an unsolicited $6.3 billion (4.9 billion pounds) offer to buy Just Eat, is the largest shareholder in Delivery Hero with a 22.3% stake.
Before Prosus's bid was announced, Delivery Hero began selling down its stake of 8 million shares, or 13%, in Takeaway, by 3 million shares.
(The story corrects headline and paragraph 1 to remove reference to deal value.)
(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Aditya Soni)