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By Ian Walker DP Eurasia said that Jubilant FoodWorks's mandatory 124.6 million pounds ($157.4 million) offer for the company fundamentally undervalues the...
By Najat Kantouar DP Eurasia said that shareholders shouldn't take any action over Jubilant FoodWorks mandatory 124.6 million pounds ($157.3 million) offer...
Jubilant Foodworks Netherlands B.V (JFN), a wholly-owned arm of the company, currently holds 48.84 per cent of the ordinary shares of DP Eurasia, making it the largest pizza delivery company in Turkey. The acquisition aims to increase JFN's stake by purchasing the entire issued and outstanding ordinary share capital of DP Eurasia NV not already held by it, at a price of up to 85 pence per share from existing shareholders.
Jubilant Foodworks Netherlands B.V (JFN), a wholly-owned arm of the company, currently holds 48.84 per cent of the ordinary shares of DP Eurasia, making it the largest pizza delivery company in Turkey. The acquisition aims to increase JFN's stake by purchasing the entire issued and outstanding ordinary share capital of DP Eurasia NV not already held by it, at a price of up to 85 pence per share from existing shareholders.
DP Eurasia is a public company listed with London Stock Exchange PLC, and is the exclusive master franchisee of the Domino’s Pizza brand in Turkey, Azerbaijan and Georgia.