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This appetiser will keep investors satisfied for now, but they will soon get hungry for the main course
Plus, the UK takes a hard line against Bain & Co and long-short hedge funds face their bad bets
Food delivery group paid $7.3bn for US unit last year
Deal set to give tech giant 2% stake in Just Eat’s US business, potentially rising to 15%
Pandemic boom in online food delivery has not helped make $7.3bn acquisition any more appetising
Activist investor Cat Rock suggests Amazon, Instacart and Walmart would be interested in US food delivery group
Grubhub vows to fight legislation as shares in European parent Just Eat Takeaway fall
Food delivery app reduces default gratuity amount following introduction of new employment rules in California
Uber Eat’s results speak to structural problems in the no-longer nascent sector.
Acquisition will set up new battle for global domination in food delivery market
The deal puts Uber Eats, which was in talks to buy Grubhub, on the defensive
Deal highlights pressure on companies in the food delivery industry to consolidate
European group secures takeover in global push to take on rivals Uber Eats and DoorDash
Lawmakers and city officials do not see benefits of meal delivery consolidation
Ride-hailing group has Grubhub on the menu as pandemic has led to an increase in demand
Combination with Uber Eats would create largest food delivery app in US at time of high demand
Welcome to Due Diligence, the FT’s daily deals briefing
The troubled food delivery business is up for sale, but at what price?
Short seller has bumper month after Grubhub and PG&E shares plunge
US food-delivery group is having its meals eaten by bigger and deeper-pocketed rivals
Ructions reflect arrival of deep-pocketed competitors in highly fragmented market
UK Edition
