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Online food delivery service Just Eat goes public with a £360m IPO in London, valuing it at £1.47b

Just Eat, an online food ordering and delivery service, has listed on the London Stock Exchange’s ‘High Growth Segment’ today, offering 138,502,501 ordinary shares at 260 pence each to raise £360 million (about $599 million). My view opening the market on the LSE this morning. #JUSTEAT pic.twitter.com/eTh628wnBg — David Buttress (@davidjusteat) April 3, 2014 The IPO values the company at £1.47 billion, much higher than the valuation range of £700 million and £900 million the company was earlier said to be looking at. Just Eat will be receiving £100 million from the public listing. Earlier, a company spokesperson told TNW that the funding will go towards efforts…

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