Just Eat Takeaway to Delist from London Stock Exchange by Christmas

The food delivery giant cites administrative costs, low liquidity, and trading volumes as reasons for focusing on its primary Amsterdam listing.

Just Eat Takeaway will cease trading on the London Stock Exchange on December 24, 2024, consolidating its focus on its primary listing in Amsterdam.
The company attributed the decision to the administrative burden, complexity, and costs of maintaining a dual listing, as well as low liquidity and trading volumes in London.
This move follows a broader trend of major companies, including CRH and Flutter Entertainment, shifting away from London due to concerns over its financial competitiveness.
Just Eat recently sold its US-based Grubhub for $650 million, a significant loss from its original $7.3 billion acquisition price in 2021.
Despite the delisting, Just Eat emphasized its continued commitment to the UK market, where it serves 97% of the population and maintains extensive grocery and restaurant partnerships.