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IN BRIEF: DP Eurasia to axe listing as Jubilant bid gets 76% backing

Tue, 30th Jan 2024 19:46

DP Eurasia NV - master franchisee of the Domino's Pizza brand in Turkey, Azerbaijan, and Georgia - Jubilant Foodworks Netherlands BV reports acceptances from shareholders representing 76% of DP Eurasia shares. Accordingly, the listing of DP Eurasia shares on the premium listing segment of the Official List and the trading of DP Eurasia Shares on the London Stock Exchange's Main Market is to be cancelled. This will take effect on February 27. Jubilant Foodworks urges remaining shareholders to accept increased bid. Earlier January, DP Eurasia received a final takeover offer from Jubilant worth GBP161 million 110 pence per share.

Current stock price: 110 pence

12-month change: up 98%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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20 Feb 2024 10:10

IN BRIEF: DP Eurasia to be taken private following Jubilant offer

DP Eurasia NV - master franchisee of the Domino's Pizza brand in Turkey, Azerbaijan, and Georgia - Expects shares to be cancelled on February 28 follo...

16 Feb 2024 17:22

IN BRIEF: DP Eurasia store count at 796 at end of 2023

DP Eurasia NV - master franchisee of the Domino's Pizza brand in Turkey, Azerbaijan, and Georgia - Says its store count is at 796 as of December 31, i...

16 Jan 2024 10:01

DP Eurasia shares rise as Jubilant makes "increased and final" offer

(Alliance News) - DP Eurasia NV on Tuesday received a final takeover offer from Jubilant Foodworks Ltd, which values it at over GBP161 million.

15 Jan 2024 18:03

IN BRIEF: Jubilant Foodworks extends deadline for DP Eurasia offer

DP Eurasia NV - master franchisee of the Domino's Pizza brand in Turkey, Azerbaijan, and Georgia - Jubilant Foodworks Netherlands BV extends deadline ...

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