Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer Takeaway, Reuters reported. Just Eat favors Takeaway’s all-share bid, although the new cash offer from Prosus is 5 percent more....
Apple has announced that it’s releasing new tools to help developers keep current customers, and lure back past subscribers. “Apps with auto-renewable subscriptions will soon be able to provide a discounted price for existing or previously subscribed customers. Subscription offers can help re-engage subscribers who...
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. On Friday (Feb. 8), Financial Times reported that Visa boosted its bid for the company to roughly 247 million pounds, topping the...
Bidding wars can be a breathtaking sight on Wall Street. One firm sets the bar, with an offer to buy a targeted company. The courted firm says, “sure, let’s get hitched.” Then up rides a sparkling new suitor, upping the ante, sweetening the bid. Perhaps – since...
December 10, 2019
Just Eat has once again turned down an offer from Netherlands-based Prosus, saying the deal still “significantly undervalues” the company, the Financial Times (FT) reported on Tuesday (Dec. 10). Prosus, an arm of South African internet giant Naspers, upped its cash offer to a bit more than £5 billion ($6.6 billion) – £740 per share, […]
December 09, 2019
Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer Takeaway, Reuters reported. Just Eat...
February 26, 2019
Apple has announced that it’s releasing new tools to help developers keep current customers, and lure back past subscribers. “Apps with auto-renewable subscriptions will soon be able to provide a...
February 08, 2019
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up. On Friday (Feb. 8), Financial Times reported...