Investors pile into Just Eat Takeaway.com block

Just_Eat_Takeaway.com_PA_575_375
By Aidan Gregory
14 Feb 2020

A pre-IPO investor in Just Eat, the UK takeaway delivery service, has sold a chunk of its stake in the company via an accelerated bookbuild led by UBS. The sale follows Just Eat's takeover by Dutch rival Takeaway.com.

STM Fidecs Trust sold 5.5m shares, a 3.9% stake in Just Eat Takeaway.com, as the merged company is now known. 

UBS wall-crossed investors and launched the sale after the market close on Thursday evening. It was swiftly covered, according to a banker on the deal.

The deal was ...

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