Apps & Technology

Just Eat sells its stake in iFood

The transaction is anticipated to be completed in Q4 of 2022, provided the resolution has been adopted at the EGM

Just Eat has entered into a definitive agreement to sell its equity stake of approximately 33% in the iFood joint venture to Prosus N.V. in return for a cash consideration totalling up to €1.8bn (£1.5bn).

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