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 news that European food delivery service Just Eat Takeaway has struck a $7.3 billion deal to acquire U.S. food delivery...
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 fought a months-long battle against rival Prosus NV for the right to buy Just Eat, finally coming out victorious. But...
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 have over half of the United Kingdom food delivery company’s shares have indicated they would agree to the all-stock offer...
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 Takeaway, Reuters reported. Just Eat favors Takeaway’s all-share bid, although the new cash offer from Prosus is 5 percent more....
June 11, 2020
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 into the arms of European giant Just Eat Takeaway, which has agreed to pay $7.3 billion for the company. In an interview with CNBC’s “Squawk on the Street,” Maloney indicated […]
January 24, 2020
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 fought a months-long battle against...
January 03, 2020
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 have over half of the...
December 09, 2019
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 Takeaway, Reuters reported. Just Eat...
