Just Eat Takeaway bought for $4.3b

This comes after the company was delisted from the London Exchange.

Food delivery business Just Eat Takeaway has been acquired by internet investor Prosus for $4.2b (€4.1b) in an all cash deal.

The deal represents €20.3 euros per share, with the board unanimously supporting the proposal.

This comes after the company was delisted from the London Exchange to “reduce the administrative burden, complexity, and costs associated with the disclosure and regulatory requirements of maintaining the LSE listing, and in the context of low liquidity and trading volumes of shares.”