Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euro ($4.7 billion) bid for Just Eat ...

BRUSSELS (Reuters) -EU antitrust regulators are set to clear with conditions Dutch technology investor Prosus' ...

Just Eat Takeaway said on Wednesday its full-year earnings would likely be on the lower end of a previously forecast range, ...

Prosus has wanted to add Just Eat Takeaway to its delivery empire for years. The South African-owned firm tried to hijack the merger of Just Eat and Takeaway.com in 2019 with a £5.1bn (€6.1bn) bid.

NEW YORK — Europe's Just Eat Takeaway.com could soon have a new owner. Technology investment company Prosus has agreed to buy the food delivery giant for 4.1 billion euros ($4.29 billion).

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 years ago. Wonder ...

Just Eat CEO Jitse Groen had in February said the M&A environment was not easy in the U.S., where caps on how much delivery firms can charge restaurants cost the group some $100 million per year.

Just Eat Takeaway also confirmed to TechCrunch that it is still exploring divestment options for Grubhub, the U.S. business it paid $7.3 billion to acquire less than a year ago, in June 2021.

Key Points Just Eat Takeaway said combined first-half 2021 orders were up 51%. The food delivery giant is still reporting adjusted losses, but this is believed to be the peak.

Under the agreed terms, Just Eat shareholders will be entitled to receive 0.09744 Takeaway.com shares for each Just Eat share which they state implies a value for Just Eat of 731 pence per Just ...

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 years ago.