Just Eat Takeaway.com sells Grubhub to Wonder Group for $650 million

LONDON: Just Eat Takeaway.com N.V. (LSE: JET, AMS: TKWY) has entered into a definitive agreement to sell Grubhub Inc. to Wonder Group, Inc. for an enterprise value of USD650 million. Transaction highlights ·      Agreement to sell Grubhub to Wonder for an enterprise value of USD650 million; ·      Grubhub will be transferred with its USD500 million…

Just Eat Takeaway.com to combine with Grubhub to create a leading global online food delivery player

AMSTERDAM: Just Eat Takeaway.com, and Grubhub Inc. have entered into a definitive agreement whereby the Company is to acquire 100% of the shares of Grubhub in an all-stock transaction to create the world’s largest online food delivery company outside of China, measured by Gross Merchandise Value (GMV) and revenues. Under the terms of the Transaction,…