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Korea M&A Corporation
Jollibee gains after new acquisition in China
MANILA, Philippines -- Shares in Jollibee Foods Corp., the Philippines' largest fast food chain, were firmer in early trading Monday after the company announced it has agreed to acquire another restaurant chain in China, for $50.5 million. At 10:13 a.m., Jollibee was up 50 centavos, or 0.9 percent, at P53.50. Volumes, however, were thin with only 192,300 shares changing hands so far. The stock r..
News/M&A
2007. 9. 27. 07:59