Just Eat Takeaway in talks for all-stock deal with Grubhub
New talks send Just Eat Takeaway’s shares down as much as 15%
New York — Just Eat Takeaway.com is in talks to buy meal-delivery company Grubhub, in a bid to launch itself in the US and become a major rival to Uber Technologies.
Amsterdam-based Just Eat Takeaway.com is in “advanced discussions” for an all-share deal, it said in a statement on Wednesday. Grubhub has a market value of $5.2bn, while Just Eat Takeaway.com is worth €12.6bn...