Just Eat Takeaway May Take Multi-Billion Dollar Writedown on Grubhub Sale

Seekingalpha2022-05-30

Just Eat Takeaway (OTC:JTKWY) may need to write down £5 billion ($6.3 billion) from the sale of Grubhub.Grubhub, which Just Eat acquired for $7.3 billion last year, may fetch as low £1 billion in a ...

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Comments

  • Sunris3
    2022-05-30
    Sunris3
    Great
  • L.Lim
    2022-05-30
    L.Lim
    It's crazy how these people/companies splash the money (is it even really theirs? Loans etc.?)1 fairly big company owns a similarly big company in the same industry, what for?? Then now they have to sell seemingly at a loss.The "privatised food delivery" industry is oversaturated and they know it...
  • EY12
    2022-05-30
    EY12
    Like
  • Worpeng2002
    2022-05-30
    Worpeng2002
    Great
  • ZenInv
    2022-05-30
    ZenInv
    The over ambitious 
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