^
+ Follow DELIFRANCE ASIA LTD Tag
DELIFRANCE ASIA LTD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 644601
                    [Title] => Jollibee completes sale of Delifrance to CafeFrance
                    [Summary] => 

Homegrown fastfood giant Jollibee Foods Corp. has completed the sale of French bakery-themed café chain Delifrance to CafeFrance Corp. as part of a plan to focus on larger food brands.

[DatePublished] => 2011-01-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 609909 [Title] => Jollibee sells Delifrance to CaféFrance for P100 million [Summary] =>

Jollibee Foods Corp. (JFC) has deci-ded to sell the assets of its French-style bakery chain Delifrance for P100 million as part of a strategy to “concentrate its resources in building larger quick-service restaurant businesses.”

[DatePublished] => 2010-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 360954 [Title] => Jollibee buys out Delifrance partner [Summary] => Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance.

In a disclosure to the Philippine Stock Exchange, Jollibee said the purchase of the 50 percent stake involved a restructuring of advances made by the firm and Delifrance Asia Ltd. amounting to P130 million into equity.

Jollibee said good sales from the brand encouraged the firm to buy out its partner.
[DatePublished] => 2006-10-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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