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Jubilant Foodworks Limited — Important, 30-05-2025: Sale or disposal
30-05-2025 | 04:50 pm
30-05-2025 | 04:50 pm
Jubilant FoodWorks’ step-down subsidiary, Fidesrus B.V., plans to complete the sale of its entire stake in Pizza Restaurants LLC, its Russian arm, by May 30, 2026. The delay stems from regulatory approvals. This move marks the company’s strategic exit from Russia to simplify its international business and focus on core markets.
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