how does a currently publicly listed company on the stock exchange go back to being private (Pty. Ltd.)?

Question

If this can even be done, how is it done? Thanks!

In: 3

Answer 1

It can be done. It is a voluntary delisting process that the company has to declare and file the required paperwork at the exchange and with the SEC. Clearly not a process that can be explained in any detail through an ELI5.