Just Eat Takeaway Tries to Crack U.S. Market With Grubhub Bid

June 10, 2020, 5:33 PM UTC

Just Eat Takeaway.com NV is in talks to buy meal-delivery company Grubhub Inc, in a bid to launch itself in the U.S. and become a major rival to Uber Technologies Inc.

Amsterdam-based Just Eat Takeaway.com is in “advanced discussions” for an all-share deal, it said in a statement Wednesday. Grubhub has a market value of $5.2 billion, while Just Eat Takeaway.com is worth 12.6 billion euros (14.3 billion).

The bid comes less than two months after the Dutch food delivery company received antitrust clearance from the U.K. for its $8 billion-dollar acquisition of Just Eat Plc. The new talks ...

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