Jubilant to acquire Dutch firm Fides Food for $35 million - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Jubilant Foodworks to acquire Fides Food
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The acquisition of Fides by Jubilant Foodworks Netherlands B.V. will enable JFL to indirectly hold 32.81% shares in DP Eurasia, which is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia, JFL informed the exchanges
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New Delhi: Jubilant FoodWorks Ltd (JLF) which operates Domino’s Pizza and Dunkin’ Donuts outlets in India is set to fully acquire the Netherlands-based Fides Food Systems Coöperatief UA via its wholly-owned subsidiary, Jubilant Foodworks Netherlands B.V. for approximately £24.80 million.
The acquisition of Fides by Jubilant Foodworks Netherlands B.V. will enable JFL to indirectly hold 32.81% shares in DP Eurasia, which is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Russia, Azerbaijan, and Georgia, JFL informed the exchanges on Friday. To this end, Jubilant Foodworks Netherlands B.V. and JFL,
Jubilant Foodworks to acquire indirect stake in Domino s Pizza brand franchisee in Turkey, Russia, Azerbaijan and Georgia business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Fides holds 32.81% equity shares in DP Eurasia NV, which is the exclusive master franchisee of Dominos Pizza in Turkey, Russia, Azerbaijan and Georgia. DP Eurasia (together with its subsidiaries) offers pizza delivery and takeaway/ eat-in facilities at 771 stores.
Jubilant Foodworks to acquire Fides Netherlands sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.