Just Eat Takeaway to delist from London Stock Exchange

Just Eat Takeaway, a Netherlands-based online food delivery group, has announced its decision to delist from the London Stock Exchange to reduce costs and complexity, following a trend of companies moving their primary listings to the US. The company cited low liquidity and trading volumes on the LSE as reasons for the delisting, with plans to focus on its primary listing on Euronext Amsterdam and enhance efficiencies. Just Eat also disclosed its intention to delist its American depositary receipts from the Nasdaq and transfer its London listing to “standard” in 2022, aiming to create cost savings and reduce compliance requirements.

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