Just Eat Takeaway rebuffs call to sell Grubhub - Financial Times

Oct 25, 2021 · Just Eat Takeaway.com completed its $7.3bn acquisition of Grubhub only four months ago but its share price has fallen more than 32 per cent this year, prompting investors …

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Just Eat Takeaway Rebuffs Call To Sell Grubhub - Financial Times

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Oct 25, 2021 · Just Eat Takeaway.com completed its $7.3bn acquisition of Grubhub only four months ago but its share price has fallen more than 32 per cent this year, prompting investors …

ft.com

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Just Eat Takeaway Offloads US Unit Grubhub For $650 Mln, Shares …

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1 day ago · Grubhub sold for $650 mln vs $7.3 bln Just Eat paid for it; It has been looking to sell the unit since 2022; Shares soar more than 15%

reuters.com

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US Startup Buys Just Eat Takeaway’s Grubhub For $650 Million

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1 day ago · Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion …

bloomberg.com

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Just Eat Takeaway Sells Grubhub For $650 Million, Just 3 Years After ...

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15 hours ago · European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform just three years ago. Wonder …

nypost.com

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Just Eat Takeaway Offloads US Unit Grubhub For $650 Million, …

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1 day ago · Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it had agreed to sell its U.S. unit Grubhub to Wonder at a steep loss to the billions it paid a few years …

yahoo.com

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Just Eat Takeaway - Financial Times

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Apr 19, 2023 · Just Eat Takeaway writes down value of Grubhub by €3bn. Food delivery group paid $7.3bn for US unit last year. July 6 2022. Lex. Just Eat Takeaway: Amazon deal is less …

ft.com

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Just Eat Takeaway Explores Grubhub Sale - Financial Times

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Apr 20, 2022 · Just Eat Takeaway is exploring a sale of Grubhub, ceding to months of investor pressure over a $7.3bn deal it struck at the height of the pandemic lockdown-driven food …

ft.com

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Just Eat Takeaway Sells US Unit Grubhub For $650 Million - U.S.

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2 days ago · (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million ...

usnews.com

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Just Eat Takeaway.com Surges On A Bittersweet Exit From Grubhub

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13 hours ago · Just Eat Takeaway.com (JTKWY) stock surges 16% on Grubhub sale confirmation for less than $1 billion, improving financials and reducing debt. Read more here.

seekingalpha.com

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Just Eat Takeaway Sells Grubhub At Steep Loss

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Amsterdam-based food delivery giant offloads unit to US-based Wonder Group for $650mn after buying it for $7.3bn

rug.nl

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Just Eat Takeaway CEO: Grubhub Sale Attempt Has Been …

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Jul 27, 2023 · Just Eat Takeaway has been looking to sell Grubhub, or to enter into a strategic partnership, since April 2022. JET originally bought the company for $7 billion in 2020. By …

restaurantdive.com

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Just Eat Takeaway Writes Down Value Of Grubhub By €3bn

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Aug 3, 2022 · It acquired Grubhub at the height of the pandemic food-delivery boom, but the deal proved unpopular with shareholders as Just Eat’s market value declined. Its share price has …

ft.com

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Just Eat Takeaway Sells Grubhub For $650 Million ... - The Seattle …

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2 days ago · NEW YORK (AP) — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three …

seattletimes.com

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Just Eat Takeaway Combines With Grubhub In $7.3bn Deal

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Jun 11, 2020 · Just Eat Takeaway, the European food delivery app, has agreed to acquire Chicago-based Grubhub for $7.3bn in stock in a deal that could create a world leader in online …

ft.com

FAQs about Just Eat Takeaway rebuffs call to sell Grubhub - Financial Times Coupon?

Did just eat takeaway sell Grubhub?

(Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million. (Reporting by Michal Aleksandrowicz; Editing by Muralikumar Anantharaman) Copyright 2024 Thomson Reuters. ...

Is Grubhub destroying 'Just Eat takeaway'?

"Just Eat Takeaway is at last putting an end to its disastrous US journey," Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. ...

How much will Grubhub shareholders get for Just Eat takeaway shares?

But that’s just not how the world turns Under the terms of the deal, Grubhub shareholders will receive Just Eat Takeaway shares worth $75.15 for each of their existing shares, a little over 60 per cent higher than where Grubhub was trading before reports about deal talks with Uber emerged in May. ...

Who owns Just Eat takeaway?

Just Eat Takeaway shareholders will control about 70 per cent of the combined company, while the rest will be owned by Grubhub’s investors. Uber approached Grubhub in early February with a takeover proposal, according to people briefed about the matter. ...

What happened to New Just Eat takeaway shares?

As a result of the Transaction, New Just Eat Takeaway.com Shares (represented by New Just Eat Takeaway.com ADSs) have now been issued for the benefit of Grubhub Stockholders in satisfaction of the consideration due under the terms of the Transaction. ...

Who won Grubhub vs Just Eat takeaway?

Just Eat Takeaway beat out Uber, which had put Grubhub in play by approaching its US rival in early February. Uber lost the race partly over regulatory concerns, according to people briefed on the matter. Germany’s Delivery Hero was also considering a bid. ...