The company behind takeaway brand Just Eat is close to a deal to merge with food delivery service Grubhub, beating off competition from Uber.
Just Eat Takeaway.com said it is in "advanced discussions" over a deal that would create one of the world's biggest takeaway giants.
The businesses would combine without any cash changing hands by simply swapping shares, Just Eat Takeaway said.
It promised further information "when appropriate".