Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal
Foo Yun Chee / Reuters :
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+
Deal marks end to tumultuous few years for European food delivery group — Just Eat Takeaway is set to be acquired …
Just Eat Takeaway says it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020
Netherlands-based food delivery company Just Eat Takeaway.com said on Wednesday that it is selling its U.S. business Grubhub to New York-based Wonder Group …
Analysis: food delivery apps Deliveroo, Just Eat Takeaway, Delivery Hero, and DoorDash have racked up $20.3B in combined operating losses since they went public
DoorDash, Deliveroo, Delivery Hero and Just Eat Takeaway put new focus on profits, despite slower growth following the pandemic
Just Eat Takeaway lays off 1,700 UK couriers and returns to a gig economy model, which CEO Jitse Groen had said “comes at the expense of society and workers”
Tim Bradshaw / Financial Times :
Just Eat Takeaway plans to file for deregistration of its securities from the US SEC due to low trading volume and high costs, as Grubhub CEO Adam DeWitt exits
Silicon Canals :
Just Eat Takeaway reports H1 2022 revenue rose 7% YoY to €2.8B and a €3.5B impairment from Grubhub, which is still for sale; shares are down 60% in 2022
Toby Sterling / Reuters :
Just Eat Takeaway says it is exploring a partial or full sale of Grubhub, less than one year after buying it for $7.3B
Just Eat Takeaway.com NV said it's considering a partial or full sale of its Grubhub unit less than a year after buying it for $7.3 billion, in a reversal that highlights …
Just Eat Takeaway's Grubhub acquisition rests on the belief that restaurants should handle delivery, offering an order platform while avoiding associated costs
Bid by Dutch giant Just Eat Takeaway would join two companies that have avoided building their own delivery fleets Tweets: @carnage4life and @paulpage Tweets: Dare Obasanjo / @carnage4life : Grubhub's...
Just Eat Takeaway confirms it is acquiring Grubhub in an all-stock deal; the deal has an equity value of $7.3B
- Deal creates one of world's largest food-delivery companies — Dutch company offered to pay $75.15 per share for Grubhub — Europe's Just Eat Takeaway.com NV agreed …