Corporate News 01-Nov-21
Jubilant Foodworks' subsidiary to hike stake in DP Eurasia
Jubilant Foodworks announced that its wholly owned subsidiary, Jubilant Foodworks Netherlands B.V. will purchase 10,146,964 ordinary shares of DP Eurasia N.V. (“DP Eurasia”) at a price of 95 pence per share via a reverse bookbuild (“RBB”). On completion of the RBB, the Company and its subsidiaries will own a total of 57,844,846 ordinary shares in DP Eurasia, which represents 39.79% of the issued share capital of DP Eurasia.
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