The latest move in the online takeout ordering space sees publicly-listed Just Eat sell its Benelux businesses (the Netherlands and Belgium) to rival Takeaway.com. The transaction consists of €22.5 million payable in cash, of which 80 per cent is being paid up front, and 20 per cent will be paid 6 months after completion, “subject to the satisfaction of certain obligations”. Read More http://ift.tt/2aZiDzo
Tuesday 2 August 2016
Just Eat offloads Netherlands and Belgium business to Takeaway.com for €22.5M
The latest move in the online takeout ordering space sees publicly-listed Just Eat sell its Benelux businesses (the Netherlands and Belgium) to rival Takeaway.com. The transaction consists of €22.5 million payable in cash, of which 80 per cent is being paid up front, and 20 per cent will be paid 6 months after completion, “subject to the satisfaction of certain obligations”. Read More http://ift.tt/2aZiDzo
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