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Analyst Corner: Jubilant Foodworks now looking beyond Domino's

Analyst Corner: Jubilant Foodworks now looking beyond Domino's
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Jubilant FoodWorks hits fresh 52-week high on Fides acquisition

Netherlands-based Fides Food Systems holds 32.81% stake in DP Eurasia, the exclusive master franchisee of Domino’s Pizza in Turkey, Russia, Azerbaijan and Georgia

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Jubilant Foods hits 52-wk high on Fides Food deal; analysts give thumbs up

Shares of Jubilant FoodWorks, the master franchise owner of Domino's Pizza in India, surged 6 per cent and hit a fresh 52-week high of Rs 3,127 on the BSE on Monday after the company said it would fully acquire Netherlands-based Fides Food Systems Coöperatief U.A. via its wholly-owned subsidiary—Jubilant Foodworks Netherlands B.V.
"We wish to inform that Jubilant Foodworks Netherlands B.V., wholly-owned subsidiary of the company, has entered into a purchase agreement with Turkish Private Equity Fund II L.P. to fully acquire Fides Food Systems Coöperatief U.A. Jubilant FoodWorks Limited has also executed the Purchase Agreement as guarantor in connection with the investment obligations of Jubilant FoodWorks Netherlands B.V.," the company said in a statement.

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Jubilant FoodWorks share price hits 52-week high on acquiring full control of Fides Food Systems

Jubilant FoodWorks share price hits 52-week high on acquiring full control of Fides Food Systems
Rakesh Patil
© Rakesh Patil
Jubilant FoodWorks share price hits 52-week high on acquiring full control of Fides Food Systems
Jubilant FoodWorks share price touched a 52-week high of Rs 3,082.95, rising a percent in early trade on February 22 after the company's subsidiary entered into a purchase agreement to fully acquire Fides Food Systems Coöperatief U.A.
Jubilant Foodworks Netherlands B.V., a wholly-owned subsidiary of the company, has entered into a purchase agreement with Turkish Private Equity Fund II L.P. to fully acquire Fides Food Systems Coöperatief U.A. which holds 32.81 percent equity shares in DP Eurasia N.V., as per the release.

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Jubilant Foodworks share hits all-time high as firm to buy Fides Food for about Rs 250 crore

Jubilant Foodworks share hit all time high in early trade today after the firm said it was all set to fully acquire Netherlands-based Fides Food Systems Cooperatief U.A. via its wholly-owned subsidiary-Jubilant Foodworks Netherlands B.V. Share of Jubil

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SGX Nifty points to flat opening; Covid-19, global market trends to dictate D-Street direction

SGX Nifty points to flat opening; Covid-19, global market trends to dictate D-Street direction
February 22, 2021
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Analysts say market will remain in consolidation mode; ‘expect domestic market to continue following global markets this week on lack of major domestic events’
Indian markets are expected to open flat on the first day of the week, as SGX Nifty points to a flat beginning even as Asia-Pacific markets are ruling firm in early trade on Monday. SGX Nifty is ruling at 15,025 against Nifty March futures Friday’s closing of 15,025 and February futures closing of 14,987, signalling flat opening for Nifty index.
Analysts expect the markets to remain in consolidation mode. Global cues and foreign fund flows will largely direct the market movement, they added. However, the key worry is rising Covid-19 cases in some States, especially Maharashtra, again, they added.

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Jubilant Foodworks to buy Netherlands-based Fides Food

Read more about Jubilant Foodworks to buy Netherlands-based Fides Food on Business Standard. The fast-food chain operator said will fully acquire Fides Food Systems Cooperatief UA Netherlands (Fides) for an agreed investment of 24.8 million pounds, through its wholly-owned subsidiary Jubilant FoodWorks Netherlands BV.

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Jubilant Foodworks share hits all-time high as firm to buy Fides Food for Rs 250 crore

Jubilant Foodworks share hits all-time high as firm to buy Fides Food for Rs 250 crore
BusinessToday.In
© India Today Group
Jubilant Foodworks share hits all-time high as firm to buy Fides Food for Rs 250 crore
Jubilant Foodworks share hit all time high in early trade today after the firm said it was all set to fully acquire Netherlands-based Fides Food Systems Cooperatief U.A. via its wholly-owned subsidiary-Jubilant Foodworks Netherlands B.V.
Share of Jubilant Foodworks rose 4.47% to a fresh high of Rs 3082.9 on BSE. The stock has gained 10.29% in the last 6 days. Jubilant Foodworks share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.

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Jubilant FoodWorks Touches 52-Week High On Fides Acquisition

Jubilant FoodWorks Touches 52-Week High On Fides Acquisition
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Jubilant Foodworks share price: Jefferies maintain price target of Rs 3050 on the stock

Jubilant Foodworks share price: Jefferies maintain price target of Rs 3050 on the stock
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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