Takeaway.com shareholder repeats call to divest Grubhub


FILE PHOTO: Riders for "Grubhub" food delivery service congregate between deliveries in midtown Manhattan following the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., July 9, 2020. REUTERS/Mike Segar

AMSTERDAM (Reuters) - Investor Cat Rock, one of the largest shareholders of online food ordering company Just Eat Takeaway.com, on Wednesday renewed its call for the company's management to divest its U.S. arm GrubHub.

The call comes a day after DoorDash, which is larger than GrubHub in the United States, made a big move into European markets with a 7 billion euro ($8.10 billion) acquisition of Finland-based Wolt Enterprises OY.

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