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UK’s CMA approves Takeaway.com’s £6.2 billion takeover of Just Eat

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Updated on Aug 12, 2024
Reading time 1 minutes
  • UK's CMA gives green light to Takeaway.com's £6.2 billion takeover of its rival Just Eat.
  • Takeaway.com issues convertible bonds and shares following the regulator's approval.
  • Just Eat Takeaway.com says orders are slowly starting to recover after Coronavirus impact.

The UK’s competition regulator approved Takeaway.com’s (AMS: TKWY) takeover of its rival, Just Eat on Thursday. The regulator said that it meticulously evaluated the £6.2 billion deal to ensure that it will not threaten fair competition in the United Kingdom.