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Jubilant FoodWorks’ arm acquires stake in DP Eurasia N.V.

27 Jan 2024 Evaluate

Jubilant FoodWorks’ wholly owned subsidiary--- Jubilant Foodworks Netherlands B.V. (JFN) has acquired 2,076,035 ordinary shares of DP Eurasia N.V. (DPEU), subsidiary company of JFN through market purchases for an aggregate consideration of GBP 2.26 million. 

Earlier, JFN had received irrevocable undertakings to accept the increased offer by shareholders of DPEU representing approximately 30.3% of shareholding. As of January 25, 2024, JFN has received acceptances for 4,423,380 ordinary shares of DPEU representing approximately 3.02% of shareholding for an aggregate consideration of GBP 4.87 million. 

Consequent to market purchases and upon settlement of the above-mentioned acceptances received till January 25, 2024, JFN will hold 59.11% of the share capital of DPEU. Notably, the final cash offer by JFN for the entire issued and outstanding share capital of DPEU not already owned by JFN at a price of 110 pence per DPEU share is valid till January 31, 2024. 

Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.


Jubilant FoodWorks Share Price

444.95 17.50 (4.09%)
10-Apr-2026 16:59 View Price Chart
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