Prosus to Acquire Just Eat Takeaway.com for \u20ac4.1bn<\/a><\/p>\n

Prosus announced it has reached a conditional agreement to acquire Just Eat Takeaway.com, to create the fourth largest food delivery group globally. Prosus intends to acquire Just Eat Takeaway.com\u2019s entire issued share capital for \u20ac20.30 per share via a recommended all-cash public offer on the Amsterdam exchange.
Acquisition\u00a0 \u00a0\u25cf\u00a0 \u00a0Consumer Services\u00a0 \u00a0\u25cf\u00a0 \u00a0Europe<\/strong><\/p>\n

Middleby Announces Intent to Separate Food Processing Business into a Standalone Public Company<\/a>
The Middleby Corporation\u00a0announced that as an update on its previously announced strategic review its Board of Directors has unanimously approved a plan to separate its food processing business into a standalone public company.\u00a0This separation creates two independent companies: The Middleby Corporation (Middleby RemainCo) and Middleby Food Processing.\u00a0
Spin-off\u00a0 \u00a0\u25cf\u00a0 \u00a0Industrials\u00a0 \u00a0\u25cf\u00a0 \u00a0North America<\/strong><\/p>\n

Joann Is Going out of Business and Closing All of Its 800 Stores<\/a>
Joann is going out of business and closing all of its roughly 800 stores in 49 states across the U.S.\u00a0The more than 80-year-old chain\u00a0had been struggling financially for several years following a DIY-driven uptick in sales during the early days of the pandemic.
Shut Down\u00a0 \u00a0\u25cf\u00a0 \u00a0Retailers & Wholesalers\u00a0 \u00a0\u25cf\u00a0 \u00a0North America<\/strong><\/p>\n

Party City to Shut Down<\/a>
Party City is set to go out of business\u00a0as it winds down over two months of going-out-of-business sales.\u00a0In December, the chain of\u00a0stores announced it had filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas. The company cited “an immensely challenging environment driven by inflationary pressures on costs and consumer spending, among other factors.”
Shut Down\u00a0 \u00a0\u25cf\u00a0 \u00a0Consumer Services\u00a0 \u00a0\u25cf\u00a0 \u00a0North America<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Prosus to Acquire Just Eat Takeaway.com for \u20ac4.1bn Prosus announced it has reached a conditional agreement to acquire Just Eat Takeaway.com, to create the fourth largest food delivery group globally. Prosus intends to acquire Just Eat Takeaway.com\u2019s entire issued share capital for \u20ac20.30 per share via a recommended all-cash public offer on the Amsterdam exchange.Acquisition\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[175,149,276,181,198,167],"class_list":["post-3918","post","type-post","status-publish","format-standard","hentry","category-news","tag-abm","tag-b2b-marketing","tag-company-list","tag-crm","tag-database-marketing","tag-ma"],"yoast_head":"\n