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Just Eat's €120m plan

ONLINE takeaway service Just Eat plans to raise £100m (€120m) from listing its shares on the London Stock Exchange in April, joining a surge of companies going public in what's been dubbed "flotation fever".

Just Eat, founded in 2001, says it operates the world's largest online marketplace for restaurant delivery, providing an easy way to order takeaway food from local takeaway restaurants.

It operates in 13 markets including Ireland, Britain, Denmark, France, Canada and Spain.

The value of orders from customers using its app or website are on average 30pc higher in value than traditional over-the-phone orders, according to chief executive David Buttress.