This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFAC12B_L.jpgBARCELONA (Reuters) – Takeaway.com NV (AS:) CEO Jitse Groen said on Wednesday he does not plan to improve his company’s 4.3 billion pound ($5.50 billion) all-share bid to buy British rival Just Eat PLC (L:), despite a higher cash offer from rival Prosus NV (AS:).
Asked on the sidelines of the Morgan Stanley (NYSE:) European Technology, Media & Telecom conference in Barcelona whether he planned to raise or sweeten the offer, he said “no”.
When asked how much support his offer had from shareholders he answered “a lot, actually, because they are the same shareholders, there’s a lot of overlap. People know our track record.”
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.