Jubilant Foodworks announces completion of acquisition of 100% stake in Fides Food
Jubilant Foodworks announced that its wholly owned
subsidiary, Jubilant Foodworks Netherlands B.V. has successfully completed the acquisition of 100% of
Fides Food Systems Coeratief U.A., Netherlands which holds 32.81% equity shares in DP Eurasia N.V.
Consequently, the Company stands fully released from the guarantee issued by it in connection with the investment obligations of Jubilant Foodworks Netherlands B.V.
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First Published: Mar 09 2021 | 6:57 PM IST