Slaughter and May is advising Just Eat on its combination with Grubhub Inc.

Slaughter and May, working as a combined team with Cravath, Swaine & Moore LLP and De Brauw Blackstone Westbroek, is advising Just Eat on its combination with Grubhub Inc.

The combined company will create the world’s largest online food delivery company outside of China, with strong brands connecting restaurant partners with their customers in 25 countries.

The terms of the transaction is expected to result in Grubhub shareholders owning approximately 30.0% and Just Eat shareholders owning approximately 70.0% of the combined company. Just Eat is listed on the Main Market of the London Stock Exchange and Euronext Amsterdam and will introduce an ADR listing in the U.S. as part of the transaction.

The transaction is subject to the approval of the Just Eat shareholders as a Class 1 transaction and to the approval of the Grubhub shareholders, as well as other customary completion conditions.  It is expected to close in the first quarter of 2021.

Paul Dickson Partner
Andrew Jolly Partner
Di Yu Associate
Lisa Wright Partner
Will Manley Associate