AMSTERDAM (Reuters) – Shareholders of Just Eat Takeaway.com NV, the online food-ordering company, on Wednesday said its shareholders have approved a proposed $7.3 billion acquisition of U.S. rival GrubHub.
Takeaway agreed in June to buy Grubhub in an all-share deal that would make the combination the biggest company in its industry in both Europe and the U.S.
The company said in a statement on Wednesday it still expects the deal to close in the first half of 2021, pending approval from Grubhub shareholders and regulators.
Takeaway, which is loss-making but says sales are booming amid the coronavirus pandemic, is due to report third-quarter earnings next week.
(Reporting by Toby Sterling; Editing by Jan Harvey)
