Stock price soaring by 60% on Monday for this widely recognized brand.
A surprise 60 percent surge in the shares of Just Eat Takeaway, which operates under the brand Lieferando, occurred on Monday following the federal election results. The catalyst behind this sudden rise is a takeover offer from Dutch holding company Prosus, valued at approximately €4.1 billion.
Prosus, already a significant shareholder of Delivery Hero, intends to delist Just Eat Takeaway from the stock exchange. This move, indicative of further consolidation in the food delivery services market, has already resulted in a significant increase in the company's share price.
The management of Just Eat Takeaway has expressed its support for the transaction, suggesting that countermeasures against the takeover are unlikely. The offer price, €20.30 per share, represents a 63 percent premium compared to the company's closing share price on February 21, 2025, and a 49 percent premium over the three-month volume-weighted average price.
The acceptance period for the offer runs from May 20 to July 29, 2025, with an Extraordinary General Meeting scheduled for July 8, 2025. Regulatory approvals in key jurisdictions, such as Canada and the UK, have already been secured, and the deal is expected to close by the end of 2025.
Strategically, Prosus aims to create a leading European food delivery champion by merging Just Eat Takeaway with its Brazilian iFood business, potentially resulting in operational synergies and expanded market reach. If Prosus obtains 95 percent or more of Just Eat Takeaway's shares, it will initiate statutory squeeze-out proceedings for full ownership. If it secures between 80 and 95 percent, it plans to execute an asset sale and liquidation post-closing, subject to approval at the Extraordinary General Meeting.
Just Eat Takeaway was featured twice in recent issues of BÖRSE ONLINE, with a recommendation to buy at prices of 13 euros and 14 euros. Shareholders have therefore made a significant profit. Those interested in such opportunities can find the current issue here.
The announcement made by Prosus instigated a rise in the finance sector, as it plans to delist Just Eat Takeaway from the stock exchange and create a leading European food delivery champion by merging it with its Brazilian iFood business. This move, coupled with the 63 percent premium offer price, signifies an attractive opportunity for investors in the stock-market.
