PH food titan Jollibee buys 40% stake in US-based Smashburger for $99m

PH food titan Jollibee buys 40% stake in US-based Smashburger for $99m

Visual from the company website. October 2015

Philippine fast food giant Jollibee Foods Corp (JFC) has secured a 40 per cent stake in US-based restaurant chain Smashburger Master LLC investing in $99 million.

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