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

Takeaway in talks with potential buyers for Grubhub, says CEO Groen
Takeaway in talks with potential buyers for Grubhub, says CEO Groen   -   Copyright  Thomson Reuters 2022
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.