JUST EAT plc CMA clears Just Eat/Hungryhouse transaction (6807W)

TIDMJE. TIDMTTM

RNS Number : 6807W

JUST EAT plc

16 November 2017

16 November 2017

Just Eat plc

("Just Eat", the "Company" or the "Group")

CMA clears Just Eat/Hungryhouse transaction

Just Eat plc (LSE: JE.), a leading global marketplace for online food delivery, welcomes today's announcement that the CMA has unconditionally cleared the company's acquisition of Hungryhouse.

This decision was expected given the favourable provisional findings published by the CMA in October and we are pleased that the CMA has been able to swiftly conclude its review of the transaction.

Just Eat expects the transaction to complete on 31 January 2018.

Andrew Griffith, Interim Chairman of Just Eat, said: "The combination with Hungryhouse will enable us to bring benefits to even more independent restaurants, while improving the service and breadth of choice that we offer consumers. We are therefore pleased with the CMA's decision and look forward to bringing Hungryhouse into the Just Eat family. I would like to thank all the Just Eat team for their hard work in concluding the process with the CMA over the past year".

--- END ---

Enquiries:

 
                                    [phone] 
 Just Eat                            6961 
 Adam Kay, Head of Investor 
  Relations 
                                    [phone] 
 Brunswick Group LLP                 5959 
 David Litterick, Chris Buscombe 
 

Forward looking statements:

This announcement includes statements that are, or may be deemed to be, "forward-looking statements". By their nature, forward-looking statements involve risk and uncertainty since they relate to future events and circumstances. Actual results may, and often do, differ materially from any forward-looking statements. Any forward-looking statements in this announcement reflect management's view with respect to future events as at the date of this announcement. Save as required by law or by the Listing Rules of the UK Listing Authority, the Company undertakes no obligation to publicly revise any forward-looking statements in this announcement following any change in its expectations or to reflect events or circumstances after the date of this announcement.

About Just Eat:

Just Eat plc operates a leading global marketplace for online food delivery. Headquartered in London, we use proprietary technology to offer a quick and efficient digital ordering service for 19.6 million customers and 78,700 restaurant partners. Just Eat is a member of the FTSE 250 Index.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCDQLBFDFFFFBF

(END) Dow Jones Newswires

November 16, 2017 02:17 ET (07:17 GMT)