Just Eat takeover battle hots up with fresh $6.5 billion Prosus bid
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AMSTERDAM (Reuters) - Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in their bitter takeover battle.The Dutch-based technology group's new cash offer of 740 pence per share, up from 710 pence, is about 5% higher than Takeaway's all-share bid, which has the backing of Just Eat."Unlike the Takeaway.com offer, which relies on (its) shares remaining at an above-sector multiple, our..