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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 146702 [Title] => Jollibee buys Japanese restaurant in California [Summary] => Jollibee goes Japanese.
In line with its continued expansion and diversification, Jollibee Foods Corp. (JFC) has acquired a California-based Japanese fast food store which is expected to strengthen the companys foothold in the food business here and abroad.
In a disclosure to the Philippine Stock Exchange, JFC said it has formed a new company, Tokyo Teriyaki Corp. (TTC), together with its wholly-owned subsidiary Superior FSC Corp. to purchase 90 percent of Tokyo Teriyaki House.
[DatePublished] => 2002-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 130101 [Title] => Jollibee sells 50% stake in Delifrance [Summary] => Jollibee Foods Corp. will sell half of its stake in Baker Fresh Foods Philippines Inc., the retail company of Delifrance Philippines Inc., to its Singapore-based partner Delifrance Asia to effect the merger of the two companies and gain a stronger foothold in the French cafe bakery food category.
In a disclosure to the Philippine Stock Exchange, JFC vice president for finance Miguel Jose Navarete said the companys board has resolved to sell 50 percent of its shareholdings in BFFPI, a wholly-owned subsidiary, to Delifrance Asia Pte. Ltd. for P63.322 million.
[DatePublished] => 2001-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Christina Mendez | January 11, 2002 - 12:00am
August 14, 2001 - 12:00am
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