Just Eat Takeway writes off 3 billion on US subsidiary | News

According to Just Eat Takeaway, the major adjustment is necessary due to broader developments in the sector: people are eating out more than during corona. In addition, rising interest rates play a role. Grubhub was acquired last year for more than 7 billion dollars, but now Just Eat Takeaway is thinking of selling Grubhub again.

Shareholders have recently been dissatisfied with the stock market value of the company as a whole. Activist investors therefore urged Grubhub to be quickly split back or sold, which should help boost Just Eat Takeaway’s stock market value.

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