Just Eat Takeaway.com NV

Just Eat Takeaway.com NV, the Dutch-based online food ordering service, on Thursday reported strong growth and a small core profit for 2019, the last year before its takeover of larger British peer Just Eat PLC transforms its profile.

Germany-based food delivery group Delivery Hero SE <DHER.DE> said on Wednesday it will buy 8.4 million additional shares of Just Eat Takeaway.com <TKWY.AS> by entering into a forward share purchase agreement.

Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's $7.8 billion (£5.9 billion) acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.

Dutch online food ordering company Takeaway.com on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional, though the two companies still need a competition authority's approval before merging operations.

Takeaway.com, the online food ordering company, on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional.

Just Eat <JE.L>, the British takeaway delivery platform being bought by Takeaway.com <TKWY.AS>, said it expected to report 2019 core earnings of about 200 million pounds ($263 million), toward the top of its guidance range of 185-205 million.

Britain's competition watchdog will probe Takeaway.com's <TKWY.AS> buyout of Just Eat <JE.L>, possibly delaying completion of the multi-billion dollar deal to create one of the world's largest meal delivery companies.

Dutch food ordering firm Takeaway.com is pressing ahead with its 6.2 billion pound takeover of Just Eat despite a shock last-minute setback when the UK competition authorities said they will probe the deal to create one of the world's largest meal delivery companies.

London's main index rebounded sharply on Friday as investor nerves were eased after the World Health Organisation issued a measured assessment of the new coronavirus in China, though Just Eat slid on a probe of its buyout by Takeaway.com.

Dutch online food ordering service Takeaway.com said on Friday that 90.2% of Just Eat shareholders have tendered shares to its takeover offer, and that the company will begin a squeeze-out process to acquire the rest.

Online food ordering company Takeaway.com <TKWY.AS> has won the battle for Britain's Just Eat <JE.L> with a 6.2 billion pound share offer that will create one of the world's largest meal delivery companies.

Dutch food ordering company Takeaway.com said on Thursday its shareholders had approved plans for the company's proposed 5.9 billion pound ($7.7 billion) acquisition of British peer Just Eat PLC<JE.L>.

Just Eat <JE.L> backed a final 5.5 billion pound ($7.2 billion) all-share offer from Takeaway.com on Friday, saying a tie-up to create one of the leading online food delivery companies was more compelling than a rival cash bid from Prosus.

Just Eat backed a final offer from Takeaway.com and rejected a rival cash bid from Prosus on Friday, saying the combination with Takeaway would create one of the leading online food delivery companies in the world.

Takeaway.com was poised to win the battle for British food delivery company Just Eat after it trumped a raised offer from rival Prosus NV, which put it within reach of a 50% threshold needed to clinch the deal.

The battle for Britain's Just Eat <JE.L>, which pits investment giant Prosus <PRX.AS> against Dutch food ordering service Takeaway.com <TKWY.AS>, is set to roll on through the Christmas holidays.

Just Eat <JE.L> rejected a raised takeover offer from Dutch-based technology group Prosus <PRX.AS> on Tuesday because it significantly undervalued the company and said it continued to back a rival all-share offer from Takeaway.com <TKWY.AS>.

Dutch meal delivery firm Takeaway.com defended its $6.1 billion (4.9 billion pounds) all-share offer for Just Eat on Tuesday, saying rival cash bidder Prosus was trying to buy the British company "on the cheap", even though its bid is higher.

Investors in Just Eat <JE.L> should back the all-share merger with Takeaway.com <TKWY.AS> unless rival bidder Prosus lifts its offer for the food delivery platform to 925 pence per share, one of its biggest shareholders said on Monday.