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CORRECTED-Brief-Dominos Pizza Enterprises enters agreement to acquire Pizza Sprint chain in France

Published 14/10/2015, 02:54 pm
© Reuters.  CORRECTED-Brief-Dominos Pizza Enterprises enters agreement to acquire Pizza Sprint chain in France
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(Corrects 1st and 2nd bullet points to add currency)

Oct 14 (Reuters) -

* Domino's Pizza Enterprises Ltd DMP.AX says: initial cash consideration of 31.5 million euros, with a further 3.5 million euros in cash in instalments

* Business to be acquired generating EBITDA of approximately 3.5 million euros in its 2015 financial year

* Announcement regarding Pizza Sprint

* The acquisition will bring the total number of stores for DPE in France to approximately 330

* Entered into a binding agreement to acquire the "Pizza Sprint" chain of 89 pizza stores in France

* The acquisition is expected to close in January 2016

* Says transaction is approximately 4% earnings per share accretive on a FY15 pro-forma basis

Source text for Eikon ID:nASX9SwTpq

(For more news, please click here DMP.AX) (Bengaluru Newsroom; +91 80 6749 1130)

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