Prosus has lowered the bar on its hostile takeover offer for food delivery giant Just Eat, but refused to offer sceptical shareholders more money as a bidding war intensified.
Just Eat takeaway customers have started receiving sauces in seaweed sachets in a trial designed to cut single-use plastic waste.
The London markets jumped higher on the back of news that Brexit has been delayed until potentially the end of January 2020 and improving tensions between the US and China.
The takeover battle for Just Eat heated up on Monday as its preferred merger partner launched an attack on an investment vehicle that is trying to gatecrash the party.
A third major shareholder in food delivery platform Just Eat has said a £4.9 billion bid from investment vehicle Prosus “significantly undervalues the group”.
Just Eat is at the centre of a bidding war after investment firm Prosus announced a £4.9 billion bid to buy the food delivery group, months after it agreed a merger with Dutch rival Takeaway.com.
Just Eat has posted rapidly growing sales in the third quarter despite a backdrop of “softer consumer spending”.
The former boss of Moneysupermarket and Just Eat has joined Photobox as its new chairman, the company has announced.
A leading global food marketplace has pledged its support to the Evening Express Retailer Awards 2017.
There are many great Chinese takeaways around Aberdeen.