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Just Eat poised to enter FTSE 100

Friday 24th November 2017

Just Eat is on course to enter the FTSE 100 after its stock market value rose higher than Sainsbury’s.

The takeaway website has soared in value since making its stock market debut in 2014, with the company now worth £5.6bn after gobbling up smaller rivals including Hungryhouse and SkipTheDishes.

Steve Clayton, the head of equity funds at Hargreaves Lansdown, said: “Twenty years ago it was all about going out to a restaurant, but now it is all about the meal coming to the home.

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