Retailers are adapting their operations and rolling out initiatives amid COVID-19, the disease caused by the coronavirus. Here are the latest updates from the retail industry. H&M is considering temporary layoffs throughout the globe while it handles business disruptions from COVID-19, CNBC reported. The company said...
While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it known that its purchase of Just Eat was a done deal. The Dutch firm said shares in the joined company would start trading...
After a British competition body said it would probe its purchase of Just Eat, food delivery firm Takeaway.com said the forecasted timetable for its takeover would be longer than expected. Takeaway.com said in a statement that Just Eat would be known as Just Eat Takeaway.com...
Online food ordering firm Takeaway.com has won the battle for the U.K.’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will make it one of the biggest meal delivery firms globally. Takeaway noted that 80.4 percent of the shareholders of Just...
April 23, 2020
The United Kingdom’s regulator approved Takeaway.com’s purchase of rival Just Eat on Thursday (April 23). Britain’s Competition and Markets Authority (CMA), the agency responsible for protecting competition, said the £6.2 billion ($7.7 billion) deal would not reduce competition, according to a Reuters report. “After interrogating how this deal is likely to affect the UK market, we […]
March 23, 2020
Retailers are adapting their operations and rolling out initiatives amid COVID-19, the disease caused by the coronavirus. Here are the latest updates from the retail industry. H&M is considering temporary layoffs...
January 31, 2020
While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it known that its purchase of Just Eat was...
January 24, 2020
After a British competition body said it would probe its purchase of Just Eat, food delivery firm Takeaway.com said the forecasted timetable for its takeover would be longer than expected....