Good morning,
For Paul’s report today covering Revolution Bars (LON:RBG) and £G4M, click here.
For yesterday’s report, click here. Yesterday’s report includes all of the following:
Churchill China (LON:CHH)Indigovision (LON:IND)Staffline (LON:STAF)Interquest (LON:ITQ)Bloomsbury Publishing (LON:BMY)Mothercare (LON:MTC)And now for the contents of this report:
Just Eat (LON:JE.)
Share price: 611p (+3.3%)No. shares: 679m Market cap: £4,150mJustEat/Hungryhouse merger referred for in-depth investigation
I could talk at considerable length about the economic reasoning behind this, but in straight investment terms this RNS confirms that Just Eat shareholders will probably have to wait for several more months for this investigation to conclude.
The Competition and Markets Authority (CMA) has found that Just Eat and Hungryhouse “are close competitors because of the similariy of their service and their broad geographical coverage”.
Apparently, Just Eat has not offered ways of addressing the CMA’s…
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