This year's barrage of takeover bids for firms lsited on the London Stock Exchange has jumped to £52bn, igniting fears over the future of Britain's equity markets.

The food-delivery group said it aims to reduce the administrative burden, complexity and costs associated with its London listing, as it joins a growing list of companies leaving the U.K. bourse.

Just Eat Takeaway.com will delist from the London Stock Exchange as the Dutch food delivery app looks to cut costs and complexity.

The British-Dutch take out delivery company Just Eat said Wednesday its shares on the London Stock Exchange will cease trading Dec. 24, saying liquidity and trading volumes were too low to make it worthwhile.

Netherlands-based food delivery company Just Eat Takeaway.com on Wednesday announced its plans to de-list its stock from the London stock exchange at the end of this year, the latest large company to withdraw from the bourse.