Just Eat Takeaway's decision to delist from the London Stock Exchange highlights the rising operational costs and complexity of maintaining a listing amid decreasing liquidity.
Citing low liquidity and tough competition, Just Eat stated that the reassessment of share listing was crucial for its strategy to enhance efficiencies and accelerate growth.
The company's recent struggles, highlighted by the sale of Grubhub at a loss, further underline the challenging competitive landscape for online food delivery services.
Just Eat emphasized that despite the delisting, it does not expect any negative effects for shareholders holding shares in Amsterdam, urging them to seek advisory help.
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