December 20, 2019 / 11:10 AM / a month ago

Just Eat's board recommends Takeaway.com's final offer

LONDON, Dec 20 (Reuters) - Just Eat backed a final offer from Takeaway.com and rejected a rival cash bid from Prosus on Friday, saying the combination with Takeaway would create one of the leading online food delivery companies in the world.

Takeaway and Prosus both made increased final bids for the British company on Thursday, with Takeaway’s all-share offer trumping Prosus’ 800 pence-a-share offer, based on its current share price.

Reporting by Paul Sandle; Editing by David Clarke

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