Just Eat and Takeaway.com reach agreement to gobble each other

The boards of Just Eat and Takeaway.com have reached agreement to combine their two European food delivery businesses. The pair of publicly listed companies announced they were in talks to combine their businesses a week ago, saying then that talks were at an advanced stage. Today they said their boards have reached agreement on the terms of “a recommended all-share combination”, and both will be recommending unanimously that shareholders vote in favor of the merger at respective meetings. Meetings to seek shareholder approval are to be held no later than 20 December, and the pair say they expect the merger to be completed in Q4, assuming shareholders give the green light. “The Combination would create one of the largest food …

UK carriers warn over ongoing Huawei 5G uncertainty: Report

UK mobile network operators have drafted a letter urging the government for greater clarity on Chinese tech giant Huawei’s involvement in domestic 5G infrastructure, according to a report by the BBC. Huawei remains under a cloud of security suspicion attached to its relationship with the Chinese state, which in 2017 passed legislation that gives authorities more direct control over the operations of internet-based companies — leading to fears it could repurpose network kit supplied by Huawei as a conduit for foreign spying. Back in April, press reports emerged suggesting the UK government was intending to give Huawei a limited role in 5G infrastructure — for ‘non-core’ parts of the network — despite multiple cabinet ministers apparently raising concerns about any …