SM Trust sells remaining Just Eat Takeaway.com shares
SM Trust has offloaded €521m of stock in Just Eat Takeaway.com, the online food delivery company, following a rally during the Covid-19 pandemic as more customers order meals to their houses.
The sale sale was launched after the market close on Tuesday evening, with a deal size of 5.57m shares, a 3.7% stake in Just Eat Takeaway.com. Jefferies was sole bookrunner.
Market sources said the transaction was not auctioned and was wallcrossed.At the €93.50 offer price, the ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org