Philippines: Jollibee divests $1.6m stake in restaurant developer Chow Fun

Philippines: Jollibee divests $1.6m stake in restaurant developer Chow Fun

Seeking to focus more on its larger businesses in the US, Philippine food service titan Jollibee Foods Corp (JFC) is on a divestment mode anew, selling its stake in restaurant developer Chow Fun Holdings LLC.

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