PROSY - Naspers Spinoff Wades Into U.K. Food Delivery Fight
By Breakingviews
Britain's food delivery fight keeps attracting new diners. Even as investors lose their appetite for cash-burning startups, newly listed Prosus ([[PROSY]]) has waded into the bidding for Just Eat ([[JSTLF]]), slapping down a 4.9 billion pound order for the UK group. That doesn't necessarily mean it's a healthy meal.
The hostile bid by the Amsterdam-listed company, which was spun off by South Africa's Naspers ([[NPSNY]]) earlier this year, is an attempt to muscle aside an agreed all-share offer from Dutch group Takeaway.com ([[TKAYF]]). That deal has wilted in recent months as the buyer's