AMSTERDAM (Reuters) – Technology company Prosus <PRX.AS> remains confident about its bid for British meal delivery business Just Eat <JE.L>, Chief Executive Bob van Dijk said on Friday, despite an increase in the value of rival Takeaway.com’s all-share bid.
“The multiples of Takeaway are high, which we think basically reflects a very significant amount of downside risk, and if anything that downside risk has increased”, Van Dijk told reporters.
“Our offer is a full offer that we feel confident about. The multiples of Takeaway now only strengthen our story.”
(Reporting by Bart Meijer; Editing by David Goodman)