Bird & Bird advised food chain Just Eat the sale of a 49 per cent of its Mexico business to its subsidiary IF-JE.
Just Eat’s Mexico business consists of SinDelantal and Hellofood Mexico.
IF-JE is a joint venture with Movile in which JUST EAT holds a 30 per cent ownership stake.
Bird & Bird advised on the Spanish and Mexican aspects of the deal.
The Bird & Bird team was led by Lourdes Ayala and also included associate Alberto Rodríguez.
The value of the transaction was not disclosed, but it is estimated to be approximately €11 million.