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Jubilant Foodworks' subsidiary to hike stake in DP Eurasia

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Capital Market
Last Updated : Nov 01 2021 | 8:05 PM IST
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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First Published: Nov 01 2021 | 5:07 PM IST

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