The merger will be effected by means of a court-sanctioned scheme of arrangement under Part 26 of the UK Companies Act 2006. Once the scheme is effected, Takeaway.com’s shares are intended to be listed on the Premium Segment of the London Stock Exchange’s Main Market for listed securities and included in FTSE 100 Index and the FTSE All-Share Index. The merger will create one of the largest online food delivery companies in the world, with scale, strategic vision, industry leading capabilities, leading positions in attractive markets and a diversified geographic presence in 23 countries.
In our role as legal advisor to Takeaway.com, our team, led by partners Klaas de Vries and Reinier Kleipool, was able to leverage the expertise of multiple disciplines across De Brauw. It is also a pleasure to work together once again with our Best Friend firm Slaughter and May, who is advising Takeaway.com on the UK aspects of the transaction.
Klaas de Vries commented: “We are proud that we can continue to support Takeaway.com on their impressive journey, following our work with them on their IPO and more recently, the Delivery Hero Germany and 10bis acquisitions. We look forward to assisting Takeaway.com further on this transformational deal.”
Team effort by: Klaas de Vries, Reinier Kleipool, Jan Willem Hoevers, Pete Lawley, Tim Bird, Han Shi Chen, Esra Cicekci, Glenn Klijn, Kirsten Lagerweij, Barbara Kloppert, Henk van Ravenhorst, Helen Gornall, Peter Nolten, Daniël van Gerven, Josse Klijnsma, Evija Butane and many others.