BRIEF-Domino's Pizza Enterprises To Acquire A 100% Interest In Pizzavest Co

Reuters2021-06-11

June 11 (Reuters) - Domino's Pizza Enterprises Ltd :

* ANNOUNCEMENT REGARDING ACQUISITION OF DOMINO'S TAIWAN-DMP.AX

* ENTERED A BINDING AGREEMENT WITH FORMOSA INTERNATIONAL HOTELS CORPORATION TO ACQUIRE A 100% INTEREST IN PIZZAVEST CO

* DPE IS REVISING ITS FUTURE STORE COUNT OUTLOOK IN ASIA FROM 1500 STORES TO 1900 STORES BY 2030-2032

* ACQUISITION IS EXPECTED TO CLOSE IN FIRST HALF OF FY2022

* LOW SINGLE DIGIT EPS ACCRETION TO DPE ON A FY2020 PRO-FORMA BASIS

* DEAL FOR A$79 MILLION

* ON A FY2020 PRO-FORMA BASIS, TRANSACTION IS ABOUT 2% EARNINGS PER SHARE ACCRETIVE

* TRANSACTION TO HAVE A MARGINAL POSITIVE CONTRIBUTION TO DPE'S FY2022 UNDERLYING EARNINGS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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Comments

  • CYLiew
    2021-06-11
    CYLiew
    Domino i like
  • VL505
    2021-06-11
    VL505
    Please like. Thanks 
  • VL505
    2021-06-11
    VL505
    Yes, I like Pizza 
  • AddyYamada
    2021-06-11
    AddyYamada
    ?
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