16 Nov 2017 07:17
16 November 2017
Just Eat plc
("Just Eat", the "Company" or the "Group")
CMA clears Just Eat/Hungryhouse transaction
Just Eat plc (LSE: JE.), a leading global marketplace for online food delivery, welcomes today's announcement that the CMA has unconditionally cleared the company's acquisition of Hungryhouse.
This decision was expected given the favourable provisional findings published by the CMA in October and we are pleased that the CMA has been able to swiftly conclude its review of the transaction.
Just Eat expects the transaction to complete on 31 January 2018.
Andrew Griffith, Interim Chairman of Just Eat, said: ''The combination with Hungryhouse will enable us to bring benefits to even more independent restaurants, while improving the service and breadth of choice that we offer consumers. We are therefore pleased with the CMA's decision and look forward to bringing Hungryhouse into the Just Eat family. I would like to thank all the Just Eat team for their hard work in concluding the process with the CMA over the past year".
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Enquiries:
Just Eat | +44 (0)20 3667 6961 |
Adam Kay, Head of Investor Relations | |
Brunswick Group LLP | +44 (0)20 7404 5959 |
David Litterick, Chris Buscombe |
Forward looking statements:
This announcement includes statements that are, or may be deemed to be, "forward-looking statements". By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, the Company undertakes no obligation to publicly revise any forward-looking statements in this announcement following any change in its expectations or to reflect events or circumstances after the date of this announcement.
About Just Eat:
Just Eat plc operates a leading global marketplace for online food delivery. Headquartered in London, we use proprietary technology to offer a quick and efficient digital ordering service for 19.6 million customers and 78,700 restaurant partners. Just Eat is a member of the FTSE 250 Index.