European food delivery giant Just Eat Takeaway.com is set to be acquired by Dutch technology investor Prosus in a 4.1 billion euro all-cash deal, with Just Eat’s shares valued at 20.3 euros each, a 63% premium to Friday’s closing price. Prosus, majority owned by South Africa’s Naspers and already holding a 28% stake in Delivery Hero, aims to create a European tech champion by combining their technical and investment capabilities with Just Eat Takeaway.com’s leading brand position in key European markets, according to CEO Fabricio Bloisi.
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Train passengers fined ‘too harshly’ for ‘innocent errors’ with tickets
Train passengers in the UK are facing severe penalties for accidental ticketing mistakes, as highlighted by the Office of Rail and Road. The watchdog criticized train operators for harsh measures against those making genuine errors, such as selecting the wrong railcard or presenting damaged tickets, which can lead to threats of prosecution and criminal records. Following a review prompted by overturned fare evasion convictions, recommendations have been made to simplify ticket purchasing and improve how...
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