Just-Eat’s Brazilian business RestauranteWeb merged with iFood.com
Just-Eat’s RestauranteWeb has merged with iFood.com Agencia de Restaurantes Online. The new company will be called IF-JE Participações Ltda and will be a joint venture between Just Eat and iFood's existing shareholders. Just Eat will transfer all of the share capital of Just Eat Brazil Servicos Online Ltda, which trades as RestauranteWeb to IF-JE, which will also include all of the share capital of iFood.
Torch Partners acted as exclusive financial advisor to Just-Eat.
For more information see Just-Eat’s press release: Click hereURL: Investor:
Consumer Internet and Digital MediaProduct