PYMNTS-MonitorEdge-May-2024

Takeaway

Grubhub CEO Contends Richer Offer Won Out
Grubhub CEO Contends Richer Offer Won Out
June 11, 2020  |  Partnerships / Acquisitions

Grubhub CEO and Founder Matt Maloney said on Thursday (June 11) that it was a richer offer that drove the restaurant ordering and delivery service...

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Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
Just Eat Takeaway/Grubhub Deal Shows Appetite For Food Delivery Consolidation
June 11, 2020  |  Partnerships / Acquisitions

The COVID-19 pandemic isn’t enough to stop cross-border dealmaking – specifically in the food delivery services space, where critical mass is of critical importance. Consider the...

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UK Investigation Could Delay Takeaway-Just Eat Deal
UK Investigation Could Delay Takeaway-Just Eat Deal
January 24, 2020  |  International

In a setback to Takeaway.com’s purchase of Just Eat, Britain’s competition watchdog has launched a probe into the buyout, delaying the multi-billion dollar deal. Takeaway.com...

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Just Eat Investors Reportedly To Accept Takeaway Bid
Just Eat Investors Reportedly To Accept Takeaway Bid
January 03, 2020  |  Partnerships / Acquisitions

In its takeover battle for Just Eat Plc, Takeaway.com NV is reportedly coming close to victory. According to unnamed sources cited by Bloomberg, investors who...

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Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B
Amsterdam’s Prosus Boosts Just Eat Bid To $6.5B
December 09, 2019  |  Partnerships / Acquisitions

Naspers-owned Prosus upped its bid to $6.5 billion on Monday (Dec. 9) to acquire London’s food delivery service Just Eat, putting pressure on rival buyer...

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UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
December 09, 2019  |  Amazon Acquisitions

The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s...

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Prosus And Takeaway Battle For Just Eat Acquisition 
Prosus And Takeaway Battle For Just Eat Acquisition 
November 20, 2019  |  Acquiring

Tech company Prosus and Takeaway.com are both bidding to take over the British delivery service Just Eat. On Wednesday (Nov. 20), Prosus criticized its rival,...

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Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
Just Eat Snubs $6.3B Prosus Offer; Will Move Forward With Takeaway Merger
November 11, 2019  |  Acquiring

Just Eat has turned down a hostile £4.9 billion ($6.3 billion) cash bid from Prosus, the Amsterdam arm of the South African tech conglomerate Naspers,...

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Just Eat Rejects $6B Buyout Bid From Prosus
Just Eat Rejects $6B Buyout Bid From Prosus
October 23, 2019  |  Delivery

London food delivery service Just Eat turned down a $6.2 billion offer from Amsterdam investment firm Prosus, the Associated Press (AP) reported on Tuesday (Oct....

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