Just Eat Takeaway.com to Sell Grubhub to Wonder for $650 Million Enterprise Value
The deal values $650 million and comprises Grubhub's $500 million in senior notes. After standard adjustments, net proceeds are expected to reach up to $50 million. Assuming regulatory approval, completion of the acquisition is scheduled in the first quarter of 2025.
Marc Lore’s Wonder agreed a deal to buy the food-delivery startup from Europe’s Just Eat Takeaway.com.
Bettina Makalintal is a senior reporter at Eater.com, covering restaurant trends, home cooking advice, and all the food you ...
Wonder Group has agreed to buy Grubhub in a $650 million in a deal that will conclude Grubhub parent company Just Eat ...
The acquisition, slated for completion early in 2025, could allow one-app ordering for everything from high-end dinners to ...
Just Eat Takeaway agreed to sell Grubhub to Wonder Group for $650 million, a huge loss after paying $7.3 billion to acquire it in 2020. The deal, which is expected to close in the first quarter of ...
Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub's new owner. Under ...
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...
The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end ...
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