Food services major Jubilant FoodWorks said on Friday it will fully acquire Fides Food Systems Cooperatief UA Netherlands (Fides) for an agreed investment of 24.8 million pounds (about Rs 250 crore) through its wholly-owned subsidiary Jubilant FoodWorks Netherlands BV. Fides is the beneficial owner of 32.81 per cent of equity shares of DP Eurasia NV, which is a public company listed with London Stock Exchange Plc and is the exclusive master franchisee of the Domino s Pizza brand in Turkey, Russia, Azerbaijan and Georgia. DP Eurasia and its subsidiaries offer pizza delivery and takeaway besides eat-in facilities at 771 stores (568 in Turkey, 190 in Russia, 9 in Azerbaijan and 4 in Georgia).
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.
ANI - Jubilant FoodWorks to acquire Fides Netherlands for 32.81 pc stake in DP Eurasia, , jubilant foodworks, Fides Food Systems Cooperatief UA Netherlands, DP Eurasia NV, Turkish Private Equity Fund II LP, Chairman Shyam S Bhartia, Co-Chairman & Managing Director Hari S Bhartia
Jubilant Foodworks to acquire Fides Netherlands azerbaijannews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from azerbaijannews.net Daily Mail and Mail on Sunday newspapers.
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