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Evening Standard
Evening Standard
Business
Simon Freeman and Naomi Ackerman

BlackRock takes major stake in Just Eat

Asset management giant BlackRock has bought a major stake in Just Eat Takeaway.com.

The London and Amsterdam-listed delivery firm revealed on Monday that the US-based investment firm now owns 6.4% of its shares.

Shares in the £15 billion FTSE 100 company rose by around 1.5% on Monday following the news.

The home delivery firm, which trades as Just Eat in the UK, has shares listed in Amsterdam and London. Takeaway.com struck a deal to buy Just Eat in 2019, and the merged company completed a major takeover last year of a rival called GrubHub in the US.

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