From ‘sugar rush’ to recovery: Could 2024 be the year London markets get back on track? dan webster As a subdued year on the London stock market comes to an end, Dan Webster looks ahead to what may be in store in 2024.
Domino’s Pizza: Eurasia shareholders reject takeover offer from Jubilant Food Domino’s Pizza Domino's Pizza Eurasia is understood to be open to takeover but wants the firm to increase its offer price.
Domino’s Pizza Eurasia rejects fresh takeover bid from Indian rival which ‘undervalues’ it Live! London listed Domino’s Pizza Eurasia has rebuffed a revised takeover offer from Jubilant Food Works on the grounds that the offer “undervalues” the business. DP Eurasia is the master franchisee for Domino’s Pizza in Turkey, Azerbaijan and Georgia, while Jubilant is the master franchisee for the chain in India. Jubilant recently increased its stake in [...]
Domino’s Pizza franchise firms clash over ‘unsolicited’ takeover bid December 5, 2023 London-listed DP Eurasia has taken a swipe at Jubilant Food Works over its "unsolicited" takeover bid for the firm.
Domino’s franchisee to declare Russian business bankrupt August 21, 2023 The Russian arm of fast food chain Domino’s is likely to close after its London-listed parent company decided to put it into bankruptcy. Apparently failing to find a buyer for the Russian business, DP Eurasia said it has decided its subsidiary should instead file for bankruptcy. The franchisee runs around 170 Domino’s pizza sites in the country, and had previously said it was “evaluating its presence” there. The Russian economy has been hit [...]
Mining and retail stocks push FTSE 100 into the green after Christmas shopping boost December 29, 2022 The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8. Among the top performers on London’s leading index on Wednesday were JD Sports Fashion, Next, Kingfisher and [...]
Domino’s franchisee boosted as Russia and Turkey show appetite for pizza September 11, 2018 Domino's franchisee DP Eurasia has been boosted by a growing appetite for pizza in Russia and Turkey despite “challenging” economic conditions. The exclusive Domino's Pizza franchisee in Russia, Turkey, Georgia and Azerbaijan said revenue for the first half of the year grew 32.2 per cent to 380m Turkish lira. Its online sales of pizza in Russia [...]