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.

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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 and spread bets.

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