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The Latest Breaking News from Prosus

3 Undervalued European Tech Stocks to Buy After the Ceasefire

The April 8 Iran ceasefire sparked a 5% surge in European tech, drawing attention to undervalued names like SAP, Spotify, and Prosus. Is it time to buy?

MarketBeat

Just Eat founding boss Jitse Groen stepping down months after takeover

Jitse Groen founded Just Eat in 2000, growing it from a student-led idea into a takeaway food delivery giant which now has operations in 16 countries.

Evening Standard

Just Eat £3.6bn takeover by Prosus wins green light from EU watchdogs

The European Commission said new conditions to the tie-up will protect consumer choice when it comes to ordering food at home.

The Independent UK

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EU clears €4.1bn Just Eat takeover but prevents food delivery mega-merger

Brussels approves Naspers’ takeover of Just Eat Takeaway.com but orders Delivery Hero’s owner to sell down rival shares to safeguard competition in Europe’s food delivery market.

Euronews

Just Eat sales dip as it warns yearly earnings to be at ‘lower end’ of forecasts

The food delivery company is preparing to be taken over by South African-owned firm Prosus as it awaits regulatory approval.

Evening Standard

Just Eat profits dip following fewer takeaway orders

The food delivery company is currently preparing for a takeover

The Independent UK

FTSE 100 claws back losses after US credit rating downgrade

Markets had initially dropped on Monday after ratings agency Moody’s downgraded the US from its triple-A credit rating.

Evening Standard

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Prosus launches £3.4bn takeover offer for Just Eat in deal ‘milestone’

Prosus is set to become the fourth largest food delivery group in the world following the takeover.

Evening Standard

Just Eat sales flatline after weaker-than-expected UK orders

The group revealed flat growth ahead of its proposed takeover by South African-owned firm Prosus.

Evening Standard

Sharmilee, Leicester: ‘It really is worth your time’ – restaurant review

Our hugely influential restaurant critic, leaving the Observer after 26 years, finishes up with an Indian feast

The Guardian - UK

Just Eat Takeaway.com bought by South Africa’s Prosus in €4bn deal

Food delivery group’s board approves takeover by investor in German rival Delivery Hero

The Guardian - UK

£3.4bn Just Eat takeover set to shake up food delivery sector

Amsterdam-based Just Eat has had a difficult few years following the pandemic when households were forced to eat at home

The Independent UK

Just Eat to be bought by investment group Prosus in £3.4bn deal

The planned all-cash offer comes after a difficult past few years for Amsterdam-based Just Eat.

Evening Standard

Who Is Byju Raveendran? 44-Year-Old CEO of India's Byju Is Voted 'Worst CEO' By Reddit Community, Here's Why

Byju Raveendran, once India's most valued startup founder, was voted the worst by a Reddit community.

International Business Times UK

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The Hindu

Majority of Byju's shareholders vote for removing CEO, family members; company calls vote invalid

Byju's shareholders vote to remove founder CEO over mismanagement, sparking legal battle and corporate turmoil.

Top News

Prosus Shares Insights On Building AI Capabilities Across Portfolio Companies

Learn valuable lessons from venture investors like Prosus on successful AI integration and transformation for sustainable business growth.

Fortune

Lesson from tech investor Prosus on generative A.I.

Generative A.I. needs to be embedded in a pipeline that provides safeguards, Prosus A.I. execs say

Evening Standard

Just Eat Takeaway sells iFood stake in £1.5 billion deal

The company is also under pressure to sell its US arm GrubHub

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