Coronavirus: Just Eat and Deliveroo offer contactless delivery March 13, 2020 Food delivery services have launched contactless delivery options to prevent the spread of coronavirus. Takeaway.com, the Dutch company that recently bought Just Eat, and Deliveroo have both committed to providing deliveries without physical contact. Takeaway said the measure is applicable to all restaurants on its platform throughout Europe. Drivers are being instructed to ring the [...]
Combined Just Eat and Takeaway.com shares start trading February 3, 2020 The combined shares of Just Eat and Takeaway.com began trading this morning, despite a competition watchdog probe into the merger. Just Eat’s shares were suspended this morning and the merged company Just Eat Takeaway.com began trading on the London Stock Exchange under the ticker Jet. However, a full integration of the two takeaway platforms is [...]
Just Eat buyer Takeaway.com’s orders soar in fourth quarter January 14, 2020 Takeaway.com, the Dutch food delivery platform that has been cleared to buy British firm Just Eat for £5.9bn, reported that orders soared in the fourth quarter of the year. The company, which received shareholder backing to acquire Just Eat last week, said orders were up 56 per cent to 46,576, driven by growth of 137 [...]
Takeaway shareholders approve Just Eat acquisition January 9, 2020 Takeaway.com shareholders have approved its £5.9bn acquisition of UK delivery platform Just Eat. The Dutch food ordering company said its plan for an all-share merger received the backing of investors at an extraordinary meeting in Amsterdam today. Read more: Just Eat board rejects Prosus offer in favour of Takeaway.com merger On 19 December Takeaway.com, which [...]
Just Eat board rejects Prosus offer in favour of Takeaway.com merger December 20, 2019 The board of Just Eat has backed a final offer from Takeaway.com and rejected a rival cash bid from Prosus, as the battle for the British fast food giant nears its end. The food fight for Just Eat heated up once again yesterday after both Takeaway and Prosus increased their bids for the company. Read [...]
Takeaway extends Just Eat takeover offer as it secures a slice of the vote December 12, 2019 Takeaway.com today said it has secured support for its Just Eat takeover offer from a chunk of shareholders, as it flexed its muscles amid a frantic bidding war with Prosus. The Dutch food delivery firm has tabled an all-share offer worth roughly £4.3bn, which has been recommended by the Just Eat board. Read more: Just [...]
Takeaway.com lashes out at Prosus ‘scaremongering’ in battle to buy Just Eat December 3, 2019 Takeaway.com has accused Prosus, the company it is competing against to buy Just Eat, of “scaremongering” to try to persuade shareholders to accept its rival offer. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read [...]
Food delivery apps serve up extra £400m in restaurant revenue December 2, 2019 Food delivery apps such as Deliveroo, Just Eat and Uber Eats are serving up an extra £400m in revenue for European restaurants, according to a new report. Third-party platforms, that customers can use to order food from a variety of restaurants, have also increased profit across the Europe’s restaurant sector, with venues in London seeing [...]
Cat Rock says Prosus will have to raise Just Eat bid to 925p per share December 2, 2019 Activist investor Cat Rock has said it will throw its weight behind Just Eat’s Takeaway.com merger unless Prosus raises its offer to 925p per share. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read more: [...]
Just Eat investor Cat Rock backs Takeaway offer amid ‘terrible value destruction’ November 26, 2019 A major Just Eat shareholder has urged fellow investors to back a takeover offer from Takeaway.com, saying the deal was necessary to avert the firm’s “terrible value destruction”. Cat Rock Capital, which holds a stake of roughly 2.6 per cent in the delivery firm, today threw its weight behind Takeaway’s offer, which values Just Eat’s [...]