|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||850.20 - 877.80|
|52-week range||574.40 - 8,150.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||147.79|
|Earnings date||29 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||868.56|
Online food delivery company Just Eat Takeaway <TKWY.AS> said on Monday it had started arbitration proceedings against a move by rival Delivery Hero <DHER.DE> to increase its stake in the company because it said it broke a standstill undertaking. German-based Delivery Hero said last month it had entered into an agreement to acquire 8.4 million shares in Just Eat Takeaway for 798 million euros (£687 million), financed by a multi-year equity collar transaction, which included about 400,000 shares it acquired when it sold its German food delivery businesses to Takeway.com last year.
Just Eat Takeaway.com NV, the Dutch-based online food ordering service, on Thursday reported strong revenue growth and a small core profit for 2019, the last year before its takeover of larger British peer Just Eat PLC. Takeaway, which declared its $7.8 billion takeover of Just Eat unconditional in January, reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of 12.3 million euros ($13.4 million) after a loss of 11.3 million a year earlier.. Takeaway is awaiting final approval of its Just Eat buy from Britain's Competition and Markets Authority (CMA).
Food delivery giant Just Eat Takeaway.com was forged by Dutch online service Takeaway's $7.8 billion (£6.01 billion) acquisition of British food deliverer Just Eat. The forward share purchase will restore the German-based company's exposure in Just Eat Takeaway.com to 10.6% after the dilution caused by the merger, Delivery Hero said.
Dutch online food ordering company Takeaway.com on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional, though the two companies still need a competition authority's approval before merging operations. Takeaway said in a statement that shares in the combination will begin trading on the London Stock Exchange on Monday, Feb. 3. Takeaway said it expects that to happen on March 5.
McDonald’s is teaming up with Just Eat as its second official partner to provide its McDelivery service across the UK and Ireland.
Just Eat <JE.L>, the British takeaway delivery platform being bought by Takeaway.com <TKWY.AS>, said it expected to report 2019 core earnings of about 200 million pounds ($263 million), towards the top of its guidance range of 185-205 million. The company also said on Tuesday it had agreed to partner fast-food chain McDonald's in Britain and Ireland, becoming the group's second delivery provider after Uber Eats. Netherlands-based Takeaway beat rival Prosus to buy Just Eat in a 6.2 billion pound all-share deal that will create one of the world's largest meal delivery companies.
The Competition and Markets Authority said that it was investigating whether there could be a competition issue with the deal.
The FTSE 100 ended a four-day losing streak to rise 1%, but worries over the spread of the virus have spoiled risk appetite in the past few days and dragged the index to its worst weekly performance in nearly two months. The FTSE 250 also firmed 1%, getting a further boost as early readings of the IHS Markit/CIPS UK Purchasing Managers' Index (PMI) showed Britain's vast services sector returned to growth in January for the first time since August. Global headlines were dominated by the new coronavirus which has killed 26 people and infected more than 800 so far.
Dutch food ordering firm Takeaway.com is pressing ahead with its 6.2 billion pound takeover of Just Eat despite a shock last-minute setback when the UK competition authorities said they will probe the deal to create one of the world's largest meal delivery companies. Takeaway said on Friday the investigation by Britain's Competition and Markets Authority (CMA) would only delay completion of the takeover until the end of next week. The probe is the latest twist for Takeaway in its attempt to buy Just Eat, which it first announced in August, and it comes weeks after Takeaway won a months-long bidding war with rival suitor Prosus.
Netherlands-based meal delivery company Takeaway.com said the expected timetable for its takeover of British rival Just Eat would be delayed by a week after UK competition authorities said it would look at the deal. Earlier this month, Just Eat's shareholders agreed to the all-stock deal valued at 6.2 billion pounds ($8.2 billion) over a rival bid from tech investment giant Prosus NV.
The investigation is a blow for the online food ordering company after it fought a prolonged battle with rival Prosus NV to buy Just Eat, the market leader in UK food delivery. The UK's Competition and Markets Authority (CMA) changed its position on the deal and now believes a probe may be warranted, Takeaway said on Thursday, adding that the regulator would be looking into whether it would have re-entered the UK market without the current deal in place. Takeaway said it pulled out of the loss-making UK market in 2016 after struggling with stiff competition.
British baker Greggs <GRG.L> has joined forces with online food ordering company Just Eat <JE.L> for its latest growth initiative - offering home delivery across the country. Greggs said on Wednesday that following a successful trial in London, Newcastle and Glasgow, it had opted to work exclusively with Just Eat, providing sausage rolls and steak bakes, including vegan-friendly versions, as well as sandwiches and sweet treats, direct to customers' doors. Last week Greggs said it would pay staff a special bonus after a "phenomenal" year that included the launch of the vegan-friendly sausage roll and higher-than-expected profits.
Online food ordering company Takeaway.com has won the battle for Britain's Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world's largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed to make the offer unconditional. "I am thrilled," Takeaway CEO and founder Jitse Groen said in a statement.
Online food ordering company Takeaway.com <TKWY.AS> has won the battle for Britain's Just Eat <JE.L> with a 6.2 billion pound share offer that will create one of the world's largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed to make the offer unconditional. "I am thrilled," Takeaway CEO and founder Jitse Groen said in a statement.
Dutch food ordering company Takeaway.com said on Thursday its shareholders had approved plans for the company's proposed 5.9 billion pound ($7.7 billion) acquisition of British peer Just Eat PLC<JE.L>. In a statement, Takeaway said its plan for an all-share merger had been approved at an extraordinary meeting of shareholders in Amsterdam. Takeaway is vying with rival Prosus <PRX.AS> to buy Just Eat.
Just Eat backed a final 5.5 billion pound ($7.2 billion) all-share offer from Takeaway.com on Friday, saying a tie-up to create one of the leading online food delivery companies was more compelling than a rival cash bid from Prosus. Takeaway and Prosus both raised their bids for the British company on Thursday, with Amsterdam-listed Takeaway's all-share offer trumping the 800 pence a share offered by Prosus at its current stock price. "The board of Just Eat continues to believe that the combination with Takeaway.com is based on a compelling strategic rationale that allows shareholders to participate in the upside potential of the enlarged group," Just Eat said.
The two companies vying to buy British online food delivery company made increased final bids on Thursday, with Prosus offering 800 pence, or 5.5 billion pounds ($7.16 billion) in cash, and Takeaway.com raising its all-share offer. The prospect of a higher offer sent Takeaway shares falling more than 9% to 80.25 euros in Amsterdam on Thursday afternoon, narrowing the gap between the two bids to just 30 pence. Just Eat's largest shareholder STM Fidecs Trust Company said it was supporting the "materially improved" offer from Takeaway.
AMSTERDAM/LONDON (Reuters) - The battle for Britain's Just Eat, which pits investment giant Prosus against Dutch food ordering service Takeaway.com, is set to roll on through the Christmas holidays. Both suitors are seeking to woo shareholders in the British company and secure a deal that will be pivotal for the future of the fast expanding food delivery industry. Prosus, a Dutch-listed business spun out of South Africa's Naspers, raised its cash bid on Monday to 740 pence per share, from 710 pence per share, valuing Just Eat at 5.05 billion pounds ($6.5 billion).
AMSTERDAM/LONDON, Dec 12 (Reuters) - The battle for Britain's Just Eat, which pits investment giant Prosus against Dutch food ordering service Takeaway.com , is set to roll on through the Christmas holidays. Both suitors are seeking to woo shareholders in the British company and secure a deal that will be pivotal for the future of the fast expanding food delivery industry. Prosus, a Dutch-listed business spun out of South Africa's Naspers, raised its cash bid on Monday to 740 pence per share, from 710 pence per share, valuing Just Eat at 5.05 billion pounds ($6.5 billion).
Prosus and Takeaway.com have been trading increasingly acrimonious barbs as they both battle to acquire the London-based Just Eat.
Investing.com -- Here is a summary of the most important regulatory news releases from the London Stock Exchange on Wednesday, 11th December. Please refresh for updates.
Just Eat rejected a raised takeover offer from Dutch-based technology group Prosus on Tuesday because it significantly undervalued the company and said it continued to back a rival all-share offer from Takeaway.com. Prosus, a spinoff of South Africa's Naspers , raised its bid for the British food delivery company to 740 pence a share from 710 pence on Monday. Just Eat said the increased Prosus offer was only 16% higher than its share price of 635.6 pence in July before Takeaway.com said it was in talks about combining with the group, and was 5% lower than its share price on Friday.