Jubilant Foodworks Netherlands B.V. (JFN), wholly owned subsidiary of Jubilant FoodWorks proposes to acquire the entire issued and outstanding ordinary share capital of DP Eurasia N.V. (DP Eurasia) not already held by JFN at a price of upto 85 pence per share from existing shareholders of DP Eurasia.

JFN currently holds 48.84% ordinary shares of DP Eurasia. For funding the acquisition, JFN would be using a combination of existing term loan facility availed from HSBC (which is backed by the Corporate Guarantee issued by the Company) and avail a new long-term facility from HSBC backed by the Corporate Guarantee to be issued by the Company in favour of HSBC.

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. DP Eurasia (together with its subsidiaries) offers pizza delivery and takeaway/eat-in facilities at its 694 stores (678 in Turkey, 10 in Azerbaijan and 6 in Georgia as on October 31, 2023) and operates an asset-light, scalable business through franchised stores contributing to 88% of the overall stores. It is the largest pizza delivery company in Turkey. In addition to pizza business, the Group also has its own coffee brand, COFFY, which trades from 67 stores at period-end, 78% of which are franchised