E-commerce
Just Eat rejects improved Prosus offer
Just Eat has rejected Naspers spin-off Prosus’s higher bid saying that the latest offer still significantly undervalues the company.
Browsing: Naspers
E-commerce
Naspers spin-off Prosus ups Just Eat offer to £5.1-billion
Naspers spin-off Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Investment
Naspers unlocks R150-billion of value with Prosus listing
Naspers unlocked about R150-billion of value for shareholders through the separate listing of its Internet businesses, and with that done is now focusing on bulking up in online food deliveries.
E-commerce
Takeaway won’t overpay in race with Prosus for Just Eat
Takeaway.com CEO Jitse Groen said it doesn’t make sense to overpay in its bid to gain control of rival Just Eat as it battles Naspers Internet spin-off Prosus, which officially filed its hostile offer for Just Eat on Monday.
Investment
Big profit miss at Tencent sends Naspers, Prosus tumbling
Tencent posted quarterly earnings that missed the lowest analyst’s estimate after a weakening economy hurt advertisement revenue.
E-commerce
Is Prosus in trouble over Just Eat bid?
Prosus has been accused of “selling down” and trying to depress the share price of its rival Takeaway.com in the fight to gain control of Just Eat.
Investment
Investors appear to be losing faith in Tencent
A flurry of large trades in Naspers affiliate Tencent shows Asia’s biggest stock will struggle to avoid its worst week in months.
Investment
Tencent shares risk losing support level as losses accelerate
Naspers affiliate Tencent’s shares are dangerously close to losing a key support level.
E-commerce
Why Prosus may be too late to scoop up Just Eat
Prosus may be a bit late with its offer to buy Just Eat: Takeaway.com and Just Eat announced their proposed transaction at the beginning of August and have already published a schedule of events to finalise it.
E-commerce
Naspers in R93-billion hostile bid for UK-listed Just Eat
Naspers spin-off, Netherlands-listed Prosus, is making an audacious, R93.5-billion hostile bid to buy London-listed Just Eat.