Philippines’ Jollibee buying U.S. firm Coffee Bean for $100 million
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MANILA (Reuters) – Philippines’ Jollibee Foods Corp (JFC.PS) said on Wednesday it is buying U.S. brand Coffee Bean & Tea Leaf for $100 million.

Jollibee said in a stock exchange disclosure it would acquire 100 percent of the Los Angeles-based specialty coffee and tea brand to boost its overseas sales.

Jollibee operates the largest fastfood chain in the Philippines with 3,195 restaurants. It also operates 1,418 stores across various brands overseas.

Philippines’ Jollibee buying U.S. firm Coffee Bean for $100 million

Philippines’ Jollibee to buy Coffee Bean and Tea Leaf for $100m

Jollibee to acquire Coffee Bean for $350 million

 



Philippines’ Jollibee buys Coffee Bean & Tea Leaf for US$100m

Jollibee acquires US firm Coffee Bean & Tea Leaf for $350M

Jollibee to acquire Coffee Bean and Tea Leaf, invests $100 million

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