21st May 2015 07:00
LONDON (Alliance News) - Just Eat PLC on Thursday said it will launch a placing and open offer of shares to raise GBP445 million to back its acquisition of Australian online takeaway company Menulog Group Ltd, announced earlier this month.
Just Eat said the funding will be raised via an accelerated bookbuild, with the price of the placing and open offer to be determined by the company and the bookrunners on the issue at the close of the bookbuild.
The deal will be run by JPMorgan Securities PLC and Goldman Sachs International.
By Sam Unsted; [email protected]; @SamUAtAlliance
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