Takeaway.com N.V. said Thursday that it has received acceptances from Just Eat PLC shareholders owning 13.53% of the U.K. company’s issued share capital, and extended its offer to Dec. 27.
Takeaway’s all-stock proposal, which has been recommended by Just Eat’s board, valued the U.K. company at 731 pence a share based on the Dutch company’s share price of 83.55 euros ($93.05) on the last day before the proposed deal was disclosed in July. Takeaway.com shares closed at EUR84.20 on Wednesday.
Prosus, an Amsterdam-listed company which was spun out of South African investor Naspers Ltd NPN, +2.52% earlier this year and is best known for housing a major stake in Chinese tech giant Tencent Holdings Ltd. 700, +2.59% , raised its own offer for Just Eat earlier this week.
Prosus’ latest offer is worth 5.1 billion pounds ($6.7 billion), or 740 pence a Just Eat share.