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United Kingdom

Domino's German JV to acquire Hallo Pizza for 32 mln euros


Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Domino's Pizza Group Plc :Domino's Pizza Group Plc - ‍daytona Jv Limited is to acquire hallo pizza gmbh for a consideration of eur 32 million on a cash and debt free basis.Domino's pizza - ‍additional eur 20-30 million of costs estimated to be incurred over next 2-3 years to finance store conversions and transaction costs​.‍transaction is scheduled to complete in q1 of 2018​.‍consideration and related costs are to be funded by german joint venture's shareholders​. 

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