One year appears to be all that Just Eat Takeaway could handle in the U.S. market. The German delivery company acquired U.S-based Grubhub last summer for $7.3 billion but now it is exploring a potential sale of Grubhub less than a year later.
“The management board confirms its alignment with shareholders in wanting to both create and realize value from the company’s highly attractive portfolio of assets. As such, management is currently, together with its advisers, actively exploring the...
https://www.freightwaves.com/news/honeymoons-over-just-eat-takeaway-considers-selling-grubhub