Just Eat online takeaway service pays £200m for UK rival Hungry House
by Zoe Wood from Technology | The Guardian on (#25BZH)
Internet company embarks on 300m buying spree that will also see it acquire the Canadian service SkipTheDishes
The online takeaway food service Just Eat is to spend up to 300m on a buying spree, swallowing up its smaller rivals Hungry House and SkipTheDishes.
Just Eat is paying 200m upfront to buy Hungry House, its biggest UK competitor, from the German group Delivery Hero. It has promised to hand over another 40m if the company hits performance targets.
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