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Shares of Jubilant FoodWorks, the master franchise owner of Domino s Pizza in India, surged 6 per cent and hit a fresh 52-week high of Rs 3,127 on the BSE on Monday after the company said it would fully acquire Netherlands-based Fides Food Systems Coöperatief U.A. via its wholly-owned subsidiary Jubilant Foodworks Netherlands B.V. We wish to inform that Jubilant Foodworks Netherlands B.V., wholly-owned subsidiary of the company, has entered into a purchase agreement with Turkish Private Equity Fund II L.P. to fully acquire Fides Food Systems Coöperatief U.A. Jubilant FoodWorks Limited has also executed the Purchase Agreement as guarantor in connection with the investment obligations of Jubilant FoodWorks Netherlands B.V., the company said in a statement. ....
Analysis: What do the latest forays mean for Marico & Jubilant Foodworks? indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
GIP looks at Vector Green InvIT to raise $100 million GIP looks at Vector Green InvIT to raise $100 millionPremium 1 min read Share Via Read Full Story US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said. InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing in infrastructure projects. TRENDING STORIESSee All 2 min read Premium 1 min read Premium 1 min read Premium 2 min read . 11:24 AM IST Renewable energy InvIT plans have been gaining traction in the backdrop of India’s galloping electricity demand. These include InvITs from KKR-backed Virescent Infrastructure and Tata Power’s renewable energy InvIT in which Malaysia’s state-run ....