Edition:
United Kingdom

Just Eat PLC (JE.L)

JE.L on London Stock Exchange

745.20GBp
19 Mar 2019
Change (% chg)

13.60 (+1.86%)
Prev Close
731.60
Open
730.80
Day's High
746.00
Day's Low
729.20
Volume
2,357,436
Avg. Vol
2,813,277
52-wk High
890.80
52-wk Low
519.20

Latest Key Developments (Source: Significant Developments)

Just Eat interim CEO says does not want job permanently
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Just Eat PLC ::CEO PETER DUFFY SAYS NOT A CANDIDATE IN SEARCH FOR CEO.CFO SAYS EXPRESSED CONCERNS ABOUT DIGITAL SERVICE TAX TO GOVERNMENT, SAYS ALREADY PAYING FULL TAXES ON PROFITS IN UK.CFO SAYS "VERY MUCH IN THICK OF CONVERSATION" ABOUT DIGITAL SERVICES TAX.INTERIM CEO SAYS CONSTANT DIALOGUE BETWEEN BOARD AND SHAREHOLDRES, INCLUDING CAT ROCK.INTERIM CEO SAYS WILL NOT COMMENT ON ANY M&A SPECULATION.INTERIM CEO SAYS HAS DEEP LINKS INTO INDEPENDENT TAKEAWAYS, VERY CONFIDENT ABOUT ITS DEFENSE AGAINST LIKES OF UBER EATS.INTERIM CEO PETER DUFFY SAYS CONSOLIDATION WILL BE KEY FEATURE OF LANDSCAPE.INTERIM CEO PETER DUFFY SAYS NOT A CANDIDATE IN CEO SEARCH FOR PERSONAL REASONS.CFO SAYS 2019 WILL BE PEAK YEAR OF INVESTMENT IN DELIVERY.  Full Article

Cat Rock Capital Says Just Eat Should Initiate Merger Discussions With Industry Peers
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Cat Rock Capital Management LP: :JUST EAT SHOULD INITIATE MERGER DISCUSSIONS WITH INDUSTRY PEERS, SAYS CAT ROCK CAPITAL.CAT ROCK CAPITAL MANAGEMENT LP SENT AN OPEN LETTER TO JUST EAT PLC'S BOARD OF DIRECTORS.CAT ROCK CAPITAL MANAGEMENT SAYS EXPRESSES "DEEP CONCERN" REGARDING JUST EAT'S RECENT APPOINTMENT OF EXECUTIVES.ARGUES THAT A MERGER WITH A "WELL-RUN INDUSTRY" PEER WOULD BE A FAR BETTER OUTCOME FOR JUST EAT SHAREHOLDERS."BOARD REPEATS PAST MISTAKES THAT LED TO FAILED APPOINTMENT OF FORMER CEO PETER PLUMB".  Full Article

The Capital Group Companies Raises Stake To 10.04 Pct From 5.07 Pct In Just Eat
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Just Eat PLC ::THE CAPITAL GROUP COMPANIES RAISES STAKE TO 10.04 PERCENT FROM 5.07 PERCENT IN JUST EAT PLC - FILING.  Full Article

Cat Rock Capital Urges Just Eat To Consider Strategic Alternatives For Non-Core Assets
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Cat Rock Capital: :SENDS LETTER TO JUST EAT BOARD OF DIRECTORS.SALE OF IFOOD MINORITY STAKE COULD FUND RETURN OF OVER 15 PCT OF MARKET CAP TO JUST EAT SHAREHOLDERS.BENEFICIALLY OWNS ABOUT 13.0 MILLION SHARES OF JUST EAT PLC, REPRESENTING CIRCA 2 PCT OF JUST EAT'S OUTSTANDING SHARES.URGES JUST EAT BOARD TO "SET APPROPRIATE FINANCIAL TARGETS AND LINK MANAGEMENT REMUNERATION"."JUST EAT IS A HIGH-QUALITY BUSINESS WITH SIGNIFICANT GROWTH POTENTIAL".ENCOURAGES JUST EAT BOARD TO CONSIDER STRATEGIC ALTERNATIVES FOR NON-CORE ASSETS.SUPPORT JUST EAT MANAGEMENT'S STRATEGY OF BUILDING ITS OWN DELIVERY CAPABILITIES.  Full Article

Just Eat Reports Q1 Group Revenue £177.4 Million, up 49 Pct
Tuesday, 1 May 2018 

May 1 (Reuters) - Just Eat Plc ::UK ORDERS INCREASED BY 24% TO 29.7 MILLION (Q1 2017: 24.0 MILLION).REPORTED REVENUES WERE UP 49% TO £177.4 MILLION IN Q1 (Q1 2017: £118.9 MILLION).GROUP ORDERS 51.6 MILLION, UP 32%.GROUP REVENUE £177.4 MILLION, UP 49%.INTERNATIONAL ORDERS WERE UP 46% TO 21.9 MILLION (Q1 2017: 15.0 MILLION).REITERATE GUIDANCE GIVEN AT TIME OF 2017 FULL YEAR RESULTS IN MARCH OF GROUP REVENUE OF BETWEEN £660 - 700 MILLION.REITERATE GUIDANCE OF UEBITDA OF £165 - 185 MILLION IN 2018.  Full Article

UK's competition watchdog clears Just Eat- Hungryhouse deal‍​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Just Eat Plc :UK'S CMA - CLEARED JUST EAT’S ACQUISITION OF HUNGRYHOUSE, FOLLOWING AN IN-DEPTH PHASE 2 INVESTIGATION ‍​.  Full Article

UK's CMA provisionally clears Just Eat, hungryhouse deal
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - UK'c Competition and Markets Authority::UK'S CMA - PROVISIONALLY CLEARS JUST EAT / HUNGRYHOUSE MERGER‍​.  Full Article

PRESS DIGEST- British Business - March 11

March 11 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.