Just Eat Takeaway acquires Grubhub for $7.3 billion to create largest food delivery firm outside China

ByJerome Smith
just-eat-takeaway-acquires-grubhub-for-$7.3-billion-to-create-largest-food-delivery-firm-outside-china

http://feedproxy.google.com/~r/venturebeat/SZYF/~3/dBirCaF65Fg/

(Reuters) — European food-ordering firm Just Eat Takeaway.com said on Wednesday it had agreed to buy U.S. peer Grubhub in an all-stock deal that, if completed, would create the world’s largest food delivery company outside China.
The deal would create “a company built around four of the world’s largest profit pools in food delivery: the U.S.,  » ….