Kirkland & Ellis advised Grubhub (NYSE: GRUB), a leading online and mobile food-ordering and delivery marketplace, on its agreement to be acquired by Just Eat Takeaway.com N.V. (AMS: TKWY, LSE: JET), a leading global online food delivery marketplace, in an all-stock deal for a total equity consideration of $7.3 billion. The combination will create the world’s largest online food ordering company outside of China, based on Gross Merchandise Value and revenues. The transaction is subject to customary regulatory approvals and is expected to complete in the first quarter of 2021.
Read the Grubhub press release
The Kirkland team was led by transactional partners Laura Sullivan and Daniel Wolf and associate Romain Dambre.