Just Eat Takeaway shares down on delisting from London Stock Exchange

European markets mostly lower; French sentiment weak while EasyJet impresses

European stocks steady ahead of key US consumer inflation data

European markets were stable; investors eye US inflation data. Just Eat soared after selling Grubhub, while oil prices rose slightly despite OPEC's downgraded demand forecasts.

Just Eat Takeaway sells US unit Grubhub for $650 million

Just Eat Takeaway is selling Grubhub to startup Wonder for $650 million, aiming to offload the unit since 2022. The deal will finalize in early 2025.

These food delivery companies are best-positioned in Europe says Morgan Stanley