Wonder to acquire food delivery platform Grubhub
The acquisition is anticipated to close by Q1 2025, subject to regulatory approvals and customary closing conditions.
Food delivery M&A: Wonder Group confirms deal for Grubhub
Wonder Group confirmed on Wednesday that it is acquiring Grubhub from Just Eat Takeaway.com N.V. (OTCPK:JTKWY) for $650 million. Under terms of the deal, Wonder will pay Just Eat Takeaway.com $150 million in cash and $500 million in senior notes.
Wonder buys Grubhub in $650 million food delivery app deal
The food delivery app Wonder Wednesday announced it has bought Grubhub in a $650 million dollar combination debt and cash deal.
Wonder to acquire Grubhub for $650M
The deal will give Marc Lore’s food hall-delivery chain a nationwide network of couriers and restaurants. And it will end Grubhub’s
Grubhub Acquired by New York's Wonder Group for $650 Million Amid Competitive Food Delivery Market
Grubhub is set to be acquired by Wonder Group for $650 million, with plans to integrate into Wonder's innovative food delivery operations.
Just Eat is selling Grubhub to Marc Lore’s Wonder for $650M
Just Eat is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals.
Grubhub to be acquired by Wonder Group in $650 million deal
Just Eat Takeaway is selling Grubhub for a fraction of the billions it spent to buy the U.S. platform just three years ago.
Grubhub to be sold to Wonder in $650 million deal
Europe’s largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal.
Grubhub sold for $650 million
Europe’s biggest meal delivery firm Just East Takeaway sold Grubhub to the food delivery startup Wonder for $650 million.
Just Eat Takeaway.com jumps after agreeing to sell Grubhub to startup Wonder
ADRs soared 16% after the company confirmed it's selling food-delivery service Grubhub to Wonder for an enterprise value of $650 million. Grubhub will be transferred with its $500 million of senior notes and,
Just Eat Takeaway sells Grubhub for $650M, just 3 years after buying it for $7.3B
Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub's new owner. Under ...
What’s the Deal With Wonder, the ‘Food Hall’ That’s Suddenly Everywhere?
Bettina Makalintal is a senior reporter at Eater.com, covering restaurant trends, home cooking advice, and all the food you ...
Just Eat Takeaway finally offloads Grubhub, sells to Wonder for $650M
Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million.
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Just Eat Takeaway sells Grubhub for $650 million as shares jump
Grubhub's enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a ...
Just Eat Sees Best Week Since 2022 After Grubhub Fire Sale
Just Eat Takeaway.com NV’s disposal of its ailing US business has sparked the stock’s strongest weekly rally in over two ...
Chicago-based Grubhub sold for $650 million to Wonder Group Inc.
Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery ...