Just Eat Takeaway in talks for all-stock deal with Grubhub
New talks send Just Eat Takeaway’s shares down as much as 15%
10 June 2020 - 22:34
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...
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