Blow to City as Just Eat becomes the latest company to leave the London Stock Exchange
Just Eat Takeaway is the latest company to leave the London Stock Exchange.
In another setback for the city, the food delivery giant said it wanted to reduce the “administrative burden, complexity and costs” associated with its listing.
The group will retain its primary listing in Amsterdam and will delete its secondary listing in London on December 27.
Travel group Tui and gambling giant Flutter are among those to have exited the London market.
Susannah Streeter of Hargreaves Lansdown said: ‘Just Eat cited a litany of reasons for withdrawing from the London Stock Exchange, showing how much work remains to be done to simplify the rules to promote retention and get more businesses in to entice.’
Deletion: Food delivery giant Just Eat said it wanted to reduce the ‘administrative burden, complexity and costs’ associated with its London listing
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