Just Eat rejects increased Prosus takeover bid December 10, 2019 Food delivery platform Just Eat has rejected an increased takeover bid from Prosus, saying the offer still “significantly undervalues” the company. In a statement this morning Just Eat said the revised terms of 740p per share, up from 710p per share and which values the delivery platform at £5.1bn, “fails to reflect appropriately the quality” [...]
Domino’s grabs slice of the action: Digital drive and World Cup orders help pizza maker shrug off inflation and recession fears March 9, 2023 Fast-food giant Domino’s Pizza pulled through 2022 relatively unscathed with marginally lower profit, as a partnership with Just Eat and the Football World Cup boosted orders. The pizza delivery favourite reported system sales of £1.46bn in 2022, slightly down from the previous year’s £1.49bn. Its group revenue was at £600m, up on last year’s £560m, [...]
Caffe Nero shrugs off inflation as Brits’ coffee habits drive sales of £150m January 30, 2023 Caffe Nero generated UK sales of £150m for the first half of the financial year, averaging 104 per cent of pre-pandemic levels and an increase of 17 per cent for the same period in 2021. The coffee chain added Deliveroo and Just Eat to its delivery partner service last year, which it said helped secure [...]
Not many tax rules deserve a birthday party – but the EIS is an exception September 18, 2024 Over the last 30 years the Enterprise Investment Scheme (EIS) has provided £32bn of private investment into 56,000 businesses, says Christiana Stewart-Lockhart This year marks 30 years of the Enterprise Investment Scheme (EIS), the tax relief that encourages investors to back risky early-stage companies that might – just might – go on to change the [...]
Former M&S CFO Helen Weir named new chair of National Express September 8, 2022 Former M&S CFO Helen Weir has been named the new Independent Non-Executive Director and Chair Designate of National Express.
Co-op to open new stores in deal with departing billionaire Asda Issa brother July 9, 2024 The Co-op is to open new stores in petrol stations across the country after signing a deal with one half of the billionaire Issa brothers.
Greggs picks Just Eat over Deliveroo for nationwide delivery roll out January 15, 2020 Greggs has chosen to partner with Just Eat as it expands its food delivery option nationwide, in a boost for the takeaway app over rival Deliveroo. The high street bakery chain was weighing up both food delivery companies following successful trials in several cities last year. This morning Greggs said it had opted to work [...]
Takeaway extends Just Eat takeover offer as it secures a slice of the vote December 12, 2019 Takeaway.com today said it has secured support for its Just Eat takeover offer from a chunk of shareholders, as it flexed its muscles amid a frantic bidding war with Prosus. The Dutch food delivery firm has tabled an all-share offer worth roughly £4.3bn, which has been recommended by the Just Eat board. Read more: Just [...]
Takeaway.com’s Just Eat offer hits 80 per cent approval threshold January 10, 2020 Takeaway.com’s £5.9bn offer to takeover Just Eat has been accepted by 80.4 per cent of shareholders in a meeting held today. The online food delivery marketplace’s improved offer has been accepted after surpassing the 80 per cent threshold. It means the takeover is now unconditional and will go ahead, with those yet to accept the [...]
Just Eat tells shareholders not to accept Prosus takeover offer November 25, 2019 Just Eat has advised shareholders not to accept a takeover offer from merger gatecrasher Prosus, urging them instead to stick with its agreed deal with Takeaway.com. Prosus, which is controlled by South African investment giant Naspers, is threatening to derail Takeaway’s takeover efforts after tabling a higher bid that valued the company at roughly £4.9bn. [...]