Jollibee bags South Korea’s leading hot pot chain

2 months ago 29
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MANILA, Philippines — Jollibee Foods Corp. (JFC) is expanding its footprint in South Korea with a deal to acquire the country’s leading hot pot chain operator, marking its entry into one of the fastest-growing global dining segments. In a statement on Friday, the fast-food giant said its 70-percent-owned subsidiary, Jolli-K Co. Ltd., had signed definitive
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