Philippines' Jollibee Foods Corp said on Wednesday it is buying U.S. brand ...
FILE PHOTO: Customers eat at a Jolibee fastfood outlet in Quezon City, metro Manila, Philippines September 22, 2017. REUTERS/Dondi Tawatao/File Photo
MANILA - Philippines’ Jollibee Foods Corp said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million. Jollibee said in a stock exchange disclosure it would acquire 100 percent of the Los Angeles-based specialty coffee and tea brand to boost its overseas sales. Jollibee operates the largest fastfood chain in the Philippines with 3,195 restaurants. It also operates 1,418 stores across various brands overseas.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The 5 Things We’re Buying This Week Under $100From the latest fashion and beauty launches to everything else we’re coveting this week, all handpicked by our commerce editor, Bianca Nieves.
Baca lebih lajut »
Senators unveil plan to save $100 billion on U.S. drug costsThe proposal, released by the Republican and Democratic leaders of the Senate Finance Committee, contains several programs designed to reduce government spending on Medicare and Medicaid and lower patients’ costs and premiums.
Baca lebih lajut »
UK authorities invest nearly $100 million into electric vehicle researchIndustry and academia are set to lead the development of the new technologies.
Baca lebih lajut »
Dodger Stadium to undergo $100 million renovationThe National League's second-oldest ballpark is getting a nine-figure facel...
Baca lebih lajut »
‘Friends’ Gets 25th Anniversary Drink Salute From Coffee Bean & Tea Leaf ChainCoffee was a key to the Friends crew in the long-running sitcom, the gang whiling away many hours perched on the orange couch of Central Perk. So it’s only fitting that the 25th anniversary o…
Baca lebih lajut »
Taiwan ETFs Buy Big Into U.S. CreditYield-hungry insurers plowed $3 billion into Taipei-based exchange-traded funds that buy U.S. fixed income in the last two weeks of June, according to research by Bank of America Corp.
Baca lebih lajut »