28th Jul 2019 09:53
(Alliance News) - Just Eat PLC is in talks about a GBP9 billion merger with a Dutch food delivery peer, Sky News reported Saturday.
Just Eat and Takeaway.com NV have been in discussions about a deal for several weeks, according to the news website, adding that banking sources said a tie-up could be announced as soon as this week, when both companies are scheduled to publish financial results.
https://news.sky.com/story/just-eat-delivers-9bn-merger-with-takeaway-com-11771635
FTSE 100-constituent Just Eat has a market capitalisation of GBP4.33 billion. It is scheduled to report half-year results on Wednesday. Amsterdam-listed Takeaway.com has a market cap of EUR5.06 billion.
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