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LONDON (Reuters) – European online food rivals Takeaway.com and Just Eat announced on Monday that they have agreed to an agreement in principle to create one of the biggest players in the sector. world.
The shareholders of Just eat, listed on the London Stock Exchange, will each receive 0.09744 Takeaway.com shares, or 731 pence per Just Eat share, or a 15% premium over Friday's closing price. Both said that they were in talks on Saturday.
The shareholders of Just Eat would own about 52.2% of the group, which totaled 360 million orders for an amount of 7.3 billion euros in 2018, announced Monday the two companies.
Report by Paul Sandle; edited by Guy Faulconbridge
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