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FGS Global and Brunswick Group serve as communications advisors to Prosus as the food delivery giant acquires Just Eat Takeaway for $4.3B cash.
The $20.30 per-share offer represents a 49 percent premium to JET’s average three-month closing price on the Amsterdam exchange.
Prosus operates in more than 70 countries via investments in Delivery Hero, Swiggy, and Meituan.
JET has a strong European network, especially in the Netherlands, UK and Germany.
Prosus CEO Fabricio Bloisi said combining his company’s “strong technical and investment capabilities with JET’s leading brand position in key European markets will create significant value for our customers, drivers, partners and stakeholders.”
JET acquired Grubhub in 2020 to bolster its position in the US market.
The Prosus/JET combination creates the world's fourth largest food delivery company.
Omnicom’s PR units suffered a 8.6 percent decline in Q2 revenues to $372.9M.
Former AIG global head of corporate communications Emily Garbaccio is joining PGIM, the global investment management business of Prudential Financial, as chief communications officer.
Joele Frank handles Core Scientific as the data center infrastructure company, gets acquired by CoreWeave in a stock deal valued in the $9B range.
Edelman Smithfield handles Del Monte Foods Corp. as the nearly 140-year-old company files for Chapter 11 to revamp its balance sheet and put itself on the auction block.
Prosek Partners represents Brightstar Capital as the private equity firm completes the $1.1B deal to acquire PlayAGS, supplier of slot table and interactive products to the gaming industry.
