Just Eat Takeaway.com NV (OTCPK:JTKWY)
$ 2.37 0 (0%) Market Cap: 2.44 Bil Enterprise Value: 3.20 Bil PE Ratio: 0 PB Ratio: 0.38 GF Score: 71/100

Just Eat PLC to Discuss Agreement with Takeaway.com NV Transcript

Aug 05, 2019 / 09:30AM GMT
Michael Evans
Just Eat plc - Independent Non-Executive Chair

Ladies and gentlemen, good morning, and welcome. Thank you for all coming today at short notice. I'm Mike Evans. I'm the Chairman of Just Eat, and we're delighted to be here today to talk to you about the announcement we made to the market this morning that the Boards of Just Eat and Takeaway.com have reached agreement on the terms of a recommended all-share combination of our 2 companies to create Just Eat Takeaway.com.

We strongly believe this is a compelling offer for the stakeholders of both our businesses and will create long-term value for our shareholders. It will create one of the world's largest online food delivery platforms in a dynamic and rapidly growing sector. Our businesses have a shared philosophy and cultural values, and we will create a unified business that will harness the assets and best practices and skilled teams of both companies to the benefit of the combined group.

We will bring together some of the best talent in our industry, be founder lead, focused on innovation, placing consumers and

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