Takeaway.com share price edges higher after shareholders approve Just Eat deal
The Dutch food delivery company saw its shares edge higher on Thursday after shareholders approved its acquisition of British rival Just Eat.
Takeaway.com saw its share price edge higher on Thursday after shareholders approved its acquisition of British rival Just Eat.
The deal is valued at around £5.9 billion (€6.94 billion).
Takeaway is trading at €86.50 a share as of 16:30 GMT on Thursday.
Looking to trade Takeaway.com and other stocks? Open a live or demo account with IG.
Takeaway approves all-share merger with Just Eat
In a statement, Takeaway said that its plan for an all-share merger with Just Eat had been approved at an extraordinary general meeting (EGM) in Amsterdam.
However, the company’s rival Prosus is also in the running to acquire Just Eat, with the company bidding £8 a share in cash. The tender period for both offers ends on Jan 10.
Takeaway will publish its fourth quarter trading update on January 14.
You can go long or short Takeway.com with IG using derivatives like CFDs.
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
Act on stock opportunities today
Go long or short on thousands of international stocks with CFDs.
- Get full exposure for a comparatively small deposit
- Trade on spreads from just 0.1%
- Get greater order book visibility with direct market access
See opportunity on a stock?
Try a risk-free trade in your demo account, and see whether you’re on to something.
- Log in to your demo
- Try a risk-free trade
- See whether your hunch pays off
See opportunity on a stock?
Don’t miss your chance – upgrade to a live account to take advantage.
- Trade a huge range of popular stocks
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See opportunity on a stock?
Don’t miss your chance. Log in to take advantage while conditions prevail.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
