Deals

Takeaway Wins Bidding War for Just Eat With $8 Billion Offer

Investors with about 80.4% of Just Eat stock back Takeaway
Announcement ends months-long battle to take over U.K. firm

An employee wearing a Just Eat branded coat delivers a pizza in Southend-on-Sea, U.K.Photographer: Chris Ratcliffe/Bloomberg

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By Natalia Drozdiak and David Hellier

January 10, 2020 at 2:36 PM UTC

Updated on

January 10, 2020 at 3:55 PM UTC

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Takeaway.com NV has won a months-long bidding war for Just Eat Plc, ending a contentious battle with Prosus NV and creating Europe’s largest food-delivery operation at a time of heightened competition in the industry.