Drs P. schreef op 13 november 2024 08:51:
Wonder Announces Acquisition of Grubhub
PR Newswire
Wed, November 13, 2024 at 8:03 AM GMT+1 4 min read
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NEW YORK and CHICAGO, Nov. 13, 2024 /PRNewswire/ -- Wonder, a new kind of food hall that is revolutionizing the food industry by creating the super app for mealtime, announced that it is acquiring Grubhub, a leading food ordering and delivery platform with more than 375,000 merchants and 200,000 delivery partners across the United States. Integrating Grubhub with Wonder is the next step in Wonder's mission to make great food more accessible, bringing together the convenience, speed and selection of first-party and third-party restaurants, groceries and meal kits in a single app order. Additionally, all Wonder locations will be available on Grubhub for third-party delivery.
Wonder will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million, including $500 million of senior notes and $150 million cash. Completion is expected during Q1 2025, subject to customary closing conditions including regulatory approvals. Jefferies served as Wonder's exclusive financial advisor on the transaction.