Monday, July 29, 2019

Just Eat £9bn merger plan sends shares soaring 30%

UK firm sparks possible bidding war after agreeing terms with Dutch rival Takeaway.com

The prospect of a multibillion-pound bidding war for Just Eat sent shares in the FTSE 100 online food delivery company surging by 30% on Monday.

Just Eat agreed terms with its Dutch rival Takeaway.com in a deal that would create one of the world’s biggest online food delivery companies.

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from Mergers and acquisitions | The Guardian https://ift.tt/2YdntVm

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