News Summary

Prosus Group is set to acquire Amsterdam-based JustEat Takeaway, the parent company of Winnipeg-based SkipTheDishes, in a deal valued at approximately $6.2 billion CAD. The acquisition involves taking JustEat Takeaway private and maintaining its key brands. Prosus will pay $30.50 CAD per share, representing a 63% premium on JustEat Takeaway’s closing price prior to the deal’s announcement. The merger aims to leverage Prosus’s investment and AI capabilities with JustEat Takeaway’s brand strength, particularly in Europe. While the Canadian market was not specifically mentioned, commitments include maintaining JustEat Takeaway’s brands and workforce levels. SkipTheDishes, founded in Saskatoon and headquartered in Winnipeg, has experienced multiple leadership changes and layoffs in recent years. This deal is expected to close by the end of 2025.