On December 14, 2016, Just Eat plc (LSE: JE), a leading global
marketplace for online food delivery, announced its completed
acquisition of SkipTheDishes Inc., one of Canada’s largest online food
delivery marketplaces. The purchase price was comprised of initial
consideration of $100 million payable on closing, plus $10 million of
Ordinary shares of Just Eat issued in escrow and deliverable after 12
months. A further cash amount of up to $90 million may also be payable,
subject to certain targets being met.
Just Eat plc was represented in-house by Warren Smith and assisted by Blake, Cassels & Graydon LLP with a team that included Geoff Belsher, Mark Adkins and Kathryn Houlden (M&A), Michael Elder and Whitney Robinson (corporate), Edward Miller and Casey Richardson-Scott (tax), David Feldman and Michael Berger (technology), Anna Abbott and Holly Reid (employment).
SkipTheDishes and its shareholders were represented by Stikeman Elliott LLP with a team that included Curtis Cusinato, Jeremy Sculnick and Marc-William Carrothers (M&A), John Lorito, Katy Pitch, Lindsay Gwyer (tax), Jonathan Auerbach (intellectual property), David Elder (privacy & data protection), Shawn Smith (technology), Kathleen Chevalier (employment) and Scott Brasil (real estate).
Just Eat plc was represented in-house by Warren Smith and assisted by Blake, Cassels & Graydon LLP with a team that included Geoff Belsher, Mark Adkins and Kathryn Houlden (M&A), Michael Elder and Whitney Robinson (corporate), Edward Miller and Casey Richardson-Scott (tax), David Feldman and Michael Berger (technology), Anna Abbott and Holly Reid (employment).
SkipTheDishes and its shareholders were represented by Stikeman Elliott LLP with a team that included Curtis Cusinato, Jeremy Sculnick and Marc-William Carrothers (M&A), John Lorito, Katy Pitch, Lindsay Gwyer (tax), Jonathan Auerbach (intellectual property), David Elder (privacy & data protection), Shawn Smith (technology), Kathleen Chevalier (employment) and Scott Brasil (real estate).