AMSTERDAM – On Monday, trading of the shares in Just Eat-Takeaway began on the London Stock Exchange. The company was forged by Dutch Takeaway’s $7.8 billion acquisition of British Just Eat.
The bidding for Just Eat was won by Takeaway with an offer of all shares after a long battle with investment company Prosus offering cash.
Even though the final shares have now been combines, Takeaway awaits final approval from the Competition and Markets Authority (CMA) before merging brands and operations.
The first CMA probe is set to end by March 5th.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.