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Benzinga
Benzinga
Business
Shivani Kumaresan

Domino's Pizza China Operator Eyes Hong Kong Listing: CNBC

  • Domino’s Pizza Inc’s (NYSE:DPZ) store operator in China, DPC Dash, is planning to go public on the Hong Kong stock exchange, CNBC reported.
  • Domino’s Pizza has a 15.7% stake in DPC as of the filing date through wholly-owned entities, the report added.
  • Bank of America Securities is the sole sponsor of the listing, the report cited the application.
  • DPC has 485 directly operated stores in mainland China, with plans to open 120 new stores in 2022.
  • Price Action: DPZ shares closed higher by 1.10% at $399.07 on Monday.
  • Photo via Wikimedia
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