Home grown food delivery firm Just Eat Takeaway is about to be edged out of the AEX blue chip index of shares by Exor, the holding of the wealthy Italian Agnelli family.

Exor, which left the Milan exchange for Amsterdam in August, was legally established in the Netherlands several years ago. It holds stakes in Ferrari, Juventus, fashion brand Louboutin and many other companies.

Just Eat Takeaway will leave the AEX index in the December 19 rejig for the midkap index, after its share price plunged from over €100 a year ago to around €20 today. In the midkap it will take the place of Intertrust, which is being delisted.

The AEX, currently at around 720 points, is made up of the 25 biggest companies to be listed in Amsterdam, based on the market value of their shares, their free float and daily turnover.

Both Exor, and South African tech holding Prosus which moved in last year, have little in the way of investment in the Netherlands. According to bourse news website iex.nl, the AEX is now made up of 50% foreign firms.

There are no other changes in the Amsterdam indices and the next major review will take place in March.