Grubhub founder made $1bn proposals to buy company back from Just Eat Takeaway
The founder of Grubhub said he twice attempted to buy back the food delivery business from Just Eat Takeaway for more than $1bn, making the revelation days after the Dutch group announced a deal to sell its US subsidiary at a huge loss for just $650mn.
Wonder to acquire Grubhub from Just Eat Takeaway.com for $650M
Wonder announced that it is acquiring Grubhub. Integrating Grubhub with Wonder is the next step in Wonder’s mission to make great food
Startup Wonder Buys Grubhub From Just Eat Takeaway for $650 Million
The European parent company of the popular food delivery app company had sought to leave the U.S. market since 2022.
Grubhub to be sold for a fraction of what Just Eat Takeaway paid in 2021
Meal-delivery service Grubhub is going to be sold to Wonder Group, which bought Blue Apron last year, in a deal for a fraction of what it was sold for three years ago
Just Eat Takeaway sells Grubhub to Wonder for $650 million
Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.
Just Eat Takeaway.com jumps after agreeing to sell Grubhub to startup Wonder
Grubhub will be transferred with its $500 million of senior notes and, after customary adjustments, net proceeds to the company are expected to be up to be $50 million, the company said in a statement on Wednesday.
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