ust eat takeaway to delist from london stock exchange amid low trading volumes

Just Eat Takeaway has decided to delist from the London Stock Exchange due to low liquidity and trading volumes. The company will now only be listed on the Amsterdam exchange starting on December 27.

This move is aimed at reducing the administrative burden and costs associated with maintaining a listing in London. The delisting is part of Just Eat Takeaway's efforts to streamline its operations after conducting a review of optimal listing venues.

The last day of trading for its shares on the LSE will be December 24. In addition, the company has recently announced plans to sell its GrubHub division to New York-based startup Wonder for $650 million, a significant decrease from the original acquisition price of $7.3 billion.

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