Just Eat Takeaway.com to sell stake in venture to Prosus for up to $1.8 billion as it keeps Grubhub for sale
August 19, 2022 at 04:29 AM EDT
Just Eat Takeaway.com NV said Friday that it has agreed to sell its around 33% stake in the iFood joint venture to Prosus NV for up to 1.8 billion euros ($1.82 billion) as it looks to focus on improving profitability and on a disciplined capital allocation.
