Delivery Hero set to buy shares in food delivery giant
February 14, 2020
Food delivery group Delivery Hero will buy 8.4 million shares in newly created Just Eat Takeaway.com. The business was created through Takeaway.com's £6.1 billion acquisition of British peer Just Eat. The purchase will restore Delivery Hero's stake in the company to around 10.6% after the dilution caused by the merger. The shares are valued at [enter price] based on Just Eat Takeaway.com's Feb.13 price.