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Europe's food delivery giant sold its American subsidiary for 0.65 billion US dollars, spending 7.3 billion US dollars on acquisitions that year.
Wonder Group Inc. announced on Wednesday that it will acquire the largest takeaway company in europe, Just Eat Takeaway, for approximately $0.65 billion, selling its usa subsidiary Grubhub to Wonder Group for $0.65 billion, a price much lower than the $7.3 billion it spent to acquire Grubhub at the beginning of the COVID-19 outbreak. Just Eat stated in a declaration on its website that the trade is expected to be completed in the first quarter of 2025. The company anticipates a net profit of up to 500 million from this transaction.
Waymo Expands Robotaxi Rides Across Los Angeles -- Barrons.com
Unusual Options Activity: OLLI, MSM and Others Attract Market Bets, OLLI V/OI Ratio Reaches 389.3
EST Nov 12th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
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