Home All NewsFinancial NewsTakeaway in talks with potential buyers for Grubhub, says CEO Groen

Takeaway in talks with potential buyers for Grubhub, says CEO Groen

by Reuters

AMSTERDAM – Food delivery company Just Eat Takeaway.com is in talks with potential buyers over a possible sale of its U.S. arm Grubhub, Chief Executive Jitse Groen said on Wednesday.

Groen was speaking on a call after the company posted a first quarter trading update, in which the company said it would consider a sale, rather than a partnership of Grubhub, which it bought for $7.3 billion last year.

Groen said there was no guarantee talks would lead to a sale.

(Reporting by Toby Sterling; Editing by Edmund Blair)

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