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Competition and Markets Authority decision

10 May 2017 07:06

RNS Number : 6664E
JUST EAT plc
10 May 2017
 

 

 

10 May 2017

 

Just Eat plc

 

("Just Eat", the "Company" or the "Group")

 

Competition and Markets Authority decision

 

Just Eat notes the CMA's decision that it intends to refer its review of Just Eat's proposed acquisition of Hungryhouse to a "Phase 2" investigation. Just Eat looks forward to cooperating with the CMA and is committed to demonstrating to the CMA that the market is, and will remain, competitive following completion of the proposed transaction.

 

In the meantime, Just Eat will continue to operate its business as usual.

 

The information contained within this announcement is deemed by Just Eat to constitute inside information as stipulated under the Market Abuse Regulations (EU) No.596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

--- END ---

 

Enquiries:

Just Eat

+44 (0)20 3667 6900

Paul Harrison, Interim CEO, and CFO

Adam Kay, Head of Investor Relations

Brunswick Group LLP

+44 (0)20 7404 5959

Sarah West, David Litterick, Chris Buscombe

 

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 18.2 million users and 71,000 takeaway restaurants. Just Eat is a member of the FTSE 250 Index.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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