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Eminence Capital to Support Takeaway’s Revised and Enhanced Offer for Just Eat

December 19, 2019 GMT

NEW YORK--(BUSINESS WIRE)--Dec 19, 2019--

Eminence Capital, LP (“Eminence”), the beneficial owner of approximately 28.7 million ordinary shares of Just Eat plc (“Just Eat”) (LON: JE), representing 4.21% of Just Eat’s outstanding shares, today issued the following statement regarding the revised and enhanced proposed offer for Just Eat (the “Increased Offer”) from Takeaway.com NV (“Takeaway”) (AMS: TKWY).

“Eminence Capital supports Takeaway’s Increased Offer for Just Eat announced today and has committed to accept the Increased Offer with respect to the Just Eat shares it currently holds.”

About Eminence Capital, LP
Eminence Capital, LP (“Eminence”) is a global asset management firm founded in 1999 that currently manages approximately $7.7 billion. Eminence’s investment approach is anchored in bottom up fundamental research seeking to identify “quality value” investment opportunities that the team expects will undergo a positive change in investor perception.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005711/en/

CONTACT: Jonathan Gasthalter/Grace Cartwright

Gasthalter & Co.

(212) 257-4170

KEYWORD: NORTH AMERICA UNITED STATES IRELAND UNITED KINGDOM EUROPE NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Eminence Capital, LP

Copyright Business Wire 2019.

PUB: 12/19/2019 03:11 PM/DISC: 12/19/2019 03:11 PM

http://www.businesswire.com/news/home/20191219005711/en