Prosus makes R93bn hostile bid for UK’s Just Eat

Naspers’ internet arm Prosus made a R93bn hostile bid for Just Eat, entering a bidding war for the UK-based online delivery service group.

The offer comes a month after Prosus was spun out of Naspers and separately listed on the in Amsterdam’s Euronext, and underlines CEO Bob van Dijk’s strategy of building Europe’s biggest tech company around three pillars: online payments; food delivery; and online classifieds.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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