Philippines: Fruitas Holdings buys two food firms after raising $20m in IPO

Philippines: Fruitas Holdings buys two food firms after raising $20m in IPO

Photo from Facebook page of Fruitas.

Philippines-based food and beverage kiosk operator Fruitas Holdings Inc announced its acquisition of two food firms in the country after raising roughly 1 billion pesos ($20 million) in its initial offering in November.

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