|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||850.20 - 877.80|
|52-week range||574.40 - 8,150.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||147.79|
|Earnings date||04 Mar 2020 - 09 Mar 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||868.56|
Online food delivery company Just Eat Takeaway said on Monday it had started arbitration proceedings against a move by rival Delivery Hero to increase its stake in the company because it said it broke a standstill undertaking. German-based Delivery Hero said last month it had entered into an agreement to acquire 8.4 million shares in Just Eat Takeaway for 798 million euros (£687 million), financed by a multi-year equity collar transaction, which included about 400,000 shares it acquired when it sold its German food delivery businesses to Takeway.com last year.
Just Eat Takeaway.com NV, the Dutch-based online food ordering service, on Thursday reported strong revenue growth and a small core profit for 2019, the last year before its takeover of larger British peer Just Eat PLC. Takeaway, which declared its $7.8 billion takeover of Just Eat unconditional in January, reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of 12.3 million euros ($13.4 million) after a loss of 11.3 million a year earlier.. Takeaway is awaiting final approval of its Just Eat buy from Britain's Competition and Markets Authority (CMA).
Food delivery giant Just Eat Takeaway.com was forged by Dutch online service Takeaway's $7.8 billion (£6.01 billion) acquisition of British food deliverer Just Eat. The forward share purchase will restore the German-based company's exposure in Just Eat Takeaway.com to 10.6% after the dilution caused by the merger, Delivery Hero said.
Dutch online food ordering company Takeaway.com on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional, though the two companies still need a competition authority's approval before merging operations. Takeaway said in a statement that shares in the combination will begin trading on the London Stock Exchange on Monday, Feb. 3. Takeaway said it expects that to happen on March 5.
McDonald’s is teaming up with Just Eat as its second official partner to provide its McDelivery service across the UK and Ireland.
Just Eat , the British takeaway delivery platform being bought by Takeaway.com , said it expected to report 2019 core earnings of about 200 million pounds ($263 million), towards the top of its guidance range of 185-205 million. The company also said on Tuesday it had agreed to partner fast-food chain McDonald's in Britain and Ireland, becoming the group's second delivery provider after Uber Eats. Netherlands-based Takeaway beat rival Prosus to buy Just Eat in a 6.2 billion pound all-share deal that will create one of the world's largest meal delivery companies.
The Competition and Markets Authority said that it was investigating whether there could be a competition issue with the deal.
The FTSE 100 ended a four-day losing streak to rise 1%, but worries over the spread of the virus have spoiled risk appetite in the past few days and dragged the index to its worst weekly performance in nearly two months. The FTSE 250 also firmed 1%, getting a further boost as early readings of the IHS Markit/CIPS UK Purchasing Managers' Index (PMI) showed Britain's vast services sector returned to growth in January for the first time since August. Global headlines were dominated by the new coronavirus which has killed 26 people and infected more than 800 so far.
Dutch food ordering firm Takeaway.com is pressing ahead with its 6.2 billion pound takeover of Just Eat despite a shock last-minute setback when the UK competition authorities said they will probe the deal to create one of the world's largest meal delivery companies. Takeaway said on Friday the investigation by Britain's Competition and Markets Authority (CMA) would only delay completion of the takeover until the end of next week. The probe is the latest twist for Takeaway in its attempt to buy Just Eat, which it first announced in August, and it comes weeks after Takeaway won a months-long bidding war with rival suitor Prosus.
Netherlands-based meal delivery company Takeaway.com said the expected timetable for its takeover of British rival Just Eat would be delayed by a week after UK competition authorities said it would look at the deal. Earlier this month, Just Eat's shareholders agreed to the all-stock deal valued at 6.2 billion pounds ($8.2 billion) over a rival bid from tech investment giant Prosus NV.
The investigation is a blow for the online food ordering company after it fought a prolonged battle with rival Prosus NV to buy Just Eat, the market leader in UK food delivery. The UK's Competition and Markets Authority (CMA) changed its position on the deal and now believes a probe may be warranted, Takeaway said on Thursday, adding that the regulator would be looking into whether it would have re-entered the UK market without the current deal in place. Takeaway said it pulled out of the loss-making UK market in 2016 after struggling with stiff competition.
British baker Greggs has joined forces with online food ordering company Just Eat for its latest growth initiative - offering home delivery across the country. Greggs said on Wednesday that following a successful trial in London, Newcastle and Glasgow, it had opted to work exclusively with Just Eat, providing sausage rolls and steak bakes, including vegan-friendly versions, as well as sandwiches and sweet treats, direct to customers' doors. Last week Greggs said it would pay staff a special bonus after a "phenomenal" year that included the launch of the vegan-friendly sausage roll and higher-than-expected profits.