Jubilant Foodworks provides guarantee on behalf of Jubilant Netherlands (subsidiary)

Jubilant Foodworks has issued a guarantee on behalf of Jubilant Foodworks Netherlands B.V. (Jubilant Netherlands/ Acquirer), which is a wholly owned subsidiary of the Company, pursuant to a purchase agreement in terms of which Jubilant Netherlands proposes to fully acquire Fides Food Systems Coeratief U.A. which holds 32.81% equity shares in DP Eurasia N.V. (DP Eurasia). The Acquirer is intended to be funded by the Company in accordance with applicable ODI Regulations.

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, Russia, Azerbaijan and Georgia.

 

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