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OutSmarting Markets @itradeph on x 27.5K followers
Created: 2025-06-17 00:45:13 UTC
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Jollibee Foods Corp., the Philippine fast food giant, plans to acquire South Korean chicken franchise operator Norang Food Co. later this year.
Seoul-based private equity firms Corstone Asia and Q Capital Partners selected Jollibee as the preferred bidder and signed an MoU with Norang Food on the same day.
The acquisition will be carried out through Jollibee’s Korean subsidiary.
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