Domino’s Indian Franchisee Plans IPO

Bloomberg:

Domino’s Pizza Inc.’s Indian franchisee plans an initial public offering, providing a route for investor JPMorgan Chase & Co. to sell its 33 percent stake, the Economic Times reported, citing three unidentified people familiar with the matter.

Jubliant Group owns 67 percent of Domino’s Pizza India, the newspaper said, adding it would be the first publicly traded restaurant chain in India.