Prosus CEO remains confident in bid for Just Eat

FILE PHOTO: Signage for Just Eat is seen on the window of a restaurant in London, Britain, August 5, 2019. REUTERS/Toby Melville./File Photo - Copyright Toby Melville(Reuters)

By Reuters

Published on 22/11/2019 - 15:34•Updated 27/04/2024 - 01:58

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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)

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