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More articles about: coffee bean and tea leaf
What are the potential risks and opportunities of CBTL’s acquisition?
Jollibee Foods Corporation (PSE:JFC) recently disclosed it is acquiring 100 percent control of global coffee chain operator, the Coffee Bean and Tea Leaf (CBTL).The acquisition of CBTL, which has over a thousand outlets globally, is expected to boost JFC's ...
The initial investment is priced at $100 million, which JFC will pay in cash.
The Philippines' largest fast food chain, Jollibee Foods Corporation (JFC), announced earlier today that the company will soon acquire 100 percent of U.S.-based international coffee brand The Coffee Bean and Tea Leaf (CBTL) for $100 million, currently equivalent to P5. ...
“The acquisition of the Coffee Bean & Tea Leaf brand will be JFC’s largest and most multinational so far with business presence in 27 countries,” according to Tony Tan Caktiong
After acquiring Tim Ho Wan for $33.5 million and U.S.-based Mexican food concept Tortas Frontera for $12.4 million in 2018, Jollibee Foods Corporation is continuing its buying spree. Today, the thriving Filipino fast-food chain announced that it ...
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