Takeaway CEO Doesn’t Want to Overpay With Just Eat Bid

  • Prosus and Takeaway battle to win over Just Eat backers
  • Takeaway published presentation detailing benefits of its bid
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Takeaway.com NV Chief Executive Officer Jitse Groen said it doesn’t make sense to overpay in its bid to gain control of U.K. rival Just Eat Plc.

“I don’t want to be the idiot that runs into a ratio that doesn’t make any sense,” Groen said Wednesday at the sidelines of the Morgan Stanley European Technology, Media & Telecom Conference in Barcelona.