Domino’s dining out as Eagle Boys hit the wall

Original article by Daniel Palmer
The Australian – Page: 21 : 21-Jul-16

Shares in Domino’s Pizza Enterprises closed 2.2 per cent higher at a new high of $A73.35 on 20 July 2016, in the wake of a rival’s collapse. Thomas Kierath of Morgan Stanley says the group could increase its market share following the demise of Eagle Boys Pizza, while Michael Simotas of Deutsche Bank notes that Domino’s could be blocked from acquiring Pizza Boys franchises on competition grounds. Morgan Stanley has an "overweight" recommendation on Domino’s shares, while Deutsche has a "hold" rating.

CORPORATES
DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, EAGLE BOYS PIZZA, MORGAN STANLEY AUSTRALIA LIMITED, DEUTSCHE BANK AG, PIZZA HUT AUSTRALIA, PIZZA CAPERS, CRUST GOURMET PTY LTD, NBC CAPITAL PTY LTD

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