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Jollibee boosts stake in Smashburger to 85%

Homegrown food giant Jollibee Foods Corp. (JFC) has further ramped up its stake in United States-brand Smashburger with an additional investment of $100 million. In a disclosure to the stock exchange on Tuesday, JFC said its wholly-owned unit Bee Good! Inc. (BGI) has purchased 45% shares in Smashburger Master LLC (Master), bringing its ownership in […] The post Jollibee boosts stake in Smashburger to 85% appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineFeb 13th, 2018

Philippines’ Jollibee raises stake in U.S. based Smashburger Master

MANILA (Reuters) – Philippine fast-food giant Jollibee Foods Corp said it would pay $100 million for a 45 percent stake in Smashburger Master, making it the majority owner ofThe post Philippines’ Jollibee raises stake in U.S. based Smashburger Master appeared first on DZRH News......»»

Category: newsSource:  dzrhnewsRelated NewsFeb 14th, 2018

Jollibee craves for more stake in Smashburger

Jollibee craves for more stake in Smashburger.....»»

Category: newsSource:  rapplerRelated NewsMar 14th, 2017

Jollibee raising stake in Smashburger chain

Jollibee raising stake in Smashburger chain.....»»

Category: financeSource:  thestandardRelated NewsMar 14th, 2017

MPIC boosts Meralco stake

Expands exposure in power sector.....»»

Category: financeSource:  philstarRelated NewsJun 14th, 2017

Jollibee to buy bigger chunk of US-based Smashburger

Jollibee to buy bigger chunk of US-based Smashburger.....»»

Category: newsSource:  manilatimes_netRelated NewsMar 14th, 2017

Phinma Energy boosts Tarec stake for P750M

Phinma Energy boosts Tarec stake for P750M.....»»

Category: newsSource:  manilatimes_netRelated NewsJan 6th, 2017

Jollibee completes sale of China restaurant stake

MANILA, Philippines – Jollibee Foods Corp., Asia’s largest food service company, has completed the sale of its 55 percent stake in Guangxi San Pin Wang Food.....»»

Category: financeSource:  philstarRelated NewsJan 4th, 2017

Jollibee sells stake in China’s San Pin

Jollibee sells stake in China’s San Pin.....»»

Category: financeSource:  thestandardRelated NewsJan 3rd, 2017

Jollibee selling stake in US firm for $1.6m

Jollibee selling stake in US firm for $1.6m.....»»

Category: financeSource:  thestandardRelated NewsDec 15th, 2016

Jollibee sells stake in Chinese restaurant chain

MANILA, Philippines – Jollibee Foods Corp. (JFC) will divest its stake in Guangxi San Pin Wang Food and Beverage Management Co......»»

Category: financeSource:  philstarRelated NewsDec 13th, 2016

Jollibee sells stake in China restaurant

Jollibee sells stake in China restaurant.....»»

Category: financeSource:  thestandardRelated NewsDec 13th, 2016

May pleads for urgent post-Brexit EU security deal

MUNICH, Germany – British Prime Minister Theresa May pleaded Saturday, February 17, for an urgent deal with the European Union on post- Brexit security cooperation, warning that citizens' lives were at stake. In a speech at the Munich Security Conference, she acknowledged that no deal currently exists between the EU and ........»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2018

Bolts need this one

THE stake is always high every time Meralco and Barangay Ginebra collide at the Philippine Arena. The Bolts and the Gin Kings had their last three games of their 2017 Governors’ Cup best-of-7 finals showdown staged at the huge arena in Bocaue, Bulacan. The Gin Kings beat the Bolts in….....»»

Category: newsSource:  journalRelated NewsFeb 17th, 2018

Colts Stakes Race set

A CRACK seven-horse field will fight it out for the title and the prizes at stake as the Philippine Racing Commission (Philracom) presents the 1st leg of the 3YO Local Fillies and Colts Stakes Race on Sunday at the San Lazaro Leisure Park in Carmona, Cavite. Aiming for bragging rights….....»»

Category: newsSource:  journalRelated NewsFeb 17th, 2018

Reintegrated Mahrez helps Leicester into FA Cup quarters

By Steve Douglas, Associated Press Back in favor at Leicester, Riyad Mahrez helped the team reach the FA Cup quarterfinals by resuming his lethal partnership with Jamie Vardy on Friday. Vardy earned Leicester a 1-0 win over second-tier Sheffield United in the fifth round by heading in a cross from Mahrez, who was starting for the first time since the collapse of his move to Manchester City at the end of the January transfer window. Mahrez spent more than a week in self-imposed exile after being denied a transfer to the English Premier League leader, missing two games and a string of training sessions. He began his reintegration by going on as a substitute last weekend — coincidentally in a league match against Man City — and was given a standing ovation by Leicester fans when substituted in injury time on Friday. He applauded them back. "The most important thing in the game was the fans supported Riyad," Leicester manager Claude Puel said, "and when I replaced him, it was a good feeling with the fans. It's important to stay united about this." Chelsea also advanced against opposition from the League Championship, beating Hull 4-0 with Willian scoring twice and Olivier Giroud netting his first goal since joining from Arsenal. ___ LETHAL COMBINATION Vardy and Mahrez linked up to devastating effect when Leicester stunned the soccer world by winning the Premier League in 2016. During that memorable season, Vardy set a record by scoring in 11 straight league games and the England striker is on another run, having scored in five straight games in all competitions. His latest goal was a far-post header that looped over the goalkeeper in the 66th minute, following a cross from the right by Mahrez. "To see Riyad and Jamie play together again on the pitch was a good feeling," Puel said. The goal would have given Vardy extra satisfaction, considering he is a boyhood Sheffield Wednesday fan. ___ PASSING THE AUDITION With Eden Hazard rested, this was a chance for other members of Chelsea's attack to stake a claim for a starting place in next week's Champions League match against Barcelona. They didn't disappoint. Giroud, Willian and Pedro Rodriguez, the three-pronged forward line, all scored in the first half against Hull as Chelsea roared into a 4-0 lead by the 42nd minute. Both of Willian's strikes were from outside the area and came off passes by Giroud, who scored the fourth with a neat near-post finish from a cross by debutant Emerson Palmieri. Cesc Fabregas set up Pedro's goal with a superb pass over the defense. Chelsea manager Antonio Conte now has plenty of options up front for the last-16 first leg against Barcelona, with Giroud vying with fit-again Alvaro Morata for the striker spot while Pedro and Willian are competing for a place alongside Hazard. "For sure when I go home, I have many good doubts," Conte said. Chelsea reached the quarterfinals for the 12th time in 17 seasons. ___ REMAINING GAMES The rest of the fifth round takes place from Saturday to Monday, with the two Manchester clubs and Tottenham still involved. City finishes off the round by visiting third-tier Wigan in a repeat of the 2013 final won surprisingly by Wigan. United visits Huddersfield on Saturday, when it's also: Sheffield Wednesday vs. Swansea, West Bromwich Albion vs. Southampton; and Brighton vs. Coventry. Tottenham is away to fourth-tier Rochdale on Sunday......»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2018

Baby Tamaraws duel Tiger Cubs in stepladder showdown

Game on Saturday at the Blue Eagle Gym in Quezon City 10:00 AM – FEU-Diliman vs UST Just six days ago, University of Sto. Tomas edged out Far Eastern University-Diliman to stay alive in the UAAP 80 Juniors Basketball Tournament. Now, both teams are nothing but determined for a win to remain in the running as the stepladder playoffs finally commences on Saturday morning. The defending champion three-seed Baby Tamaraws and the upstart fourth-seed Tiger Cubs go at it once again inside the Blue Eaglet Gym in Quezon City and at stake is the right to face off with two-seed and twice-to-beat Nazareth School of National University. Season MVP CJ Cansino and UST came out on top in the two teams’ meeting to end the elimination round. Their first round meeting wasn’t that much different as Cansino and company also had their way. Still, FEU-Diliman is the defending champion and L-Jay Gonzales and RJ Abarrientos are certain to give their all to make sure their reign extends just a bit longer. The winner between the two teams will move on to a matchup against the Bullpups on Tuesday still at the Blue Eagle Gym. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsFeb 16th, 2018

ALI boosts capex to P111B in 2018

By Arra B. Francia, Reporter AYALA LAND, Inc. (ALI) is ramping up spending for 2018, as the property giant sees solid demand for residential projects. ALI Chief Finance Officer Augusto Cesar D. Bengzon said this year’s P110.8-billion capital expenditure budget is higher than the annual average of P80 billion it spent from 2013 to 2017. […].....»»

Category: newsSource:  bworldonlineRelated NewsFeb 16th, 2018

DoubleDragon acquires Iloilo property for 2nd industrial hub development

MANILA, Philippines — DoubleDragon Properties Corp., the listed property and mall developer of Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Co.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2018

Jollibee nets P7.1B in 2017

Homegrown fast-food giant Jollibee Foods Corp. (JFC) posted a 15-percent increase in profit in 2017 to PHP7.1 billion after opening its highest number of new stores......»»

Category: newsSource:  interaksyonRelated NewsFeb 14th, 2018

Jollibee nets P7.09B

Fast-food giant Jollibee Foods Corp. grew its net profit attributable to equity holders of parent firm by 15 percent last year to P7.09 billion on a record store rollout program and strong same-store sales. For the fourth quarter alone, JFC's attributable net profit rose by 11.7 percent year-on-year to P1.98 billion, Asia's most valuable restaurant chain disclosed to the Philippine Stock Exchange on Wednesday. The full-year performance brought JFC's return on equity to 19.3 percent, stable from 19.2 percent in the previous year. System-wide sales grew by 15.2 percent for the whole year to P171.77 billion, driven by the expansion of its store network and strong same-store sal...Keep on reading: Jollibee nets P7.09B.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2018