JUST EAT plc CMA clears Just Eat/Hungryhouse transaction (6807W)
November 16 2017 - 1:17AM
UK Regulatory
TIDMJE. TIDMTTM
RNS Number : 6807W
JUST EAT plc
16 November 2017
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:
+44 (0)20 3667
Just Eat 6961
Adam Kay, Head of Investor
Relations
+44 (0)20 7404
Brunswick Group LLP 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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