Jollibee gets South Korea nod for Shabu All Day deal

MANILA, Philippines — Fast-food giant Jollibee Foods Corp. (JFC) has secured approval from South Korea’s antitrust regulator for its planned acquisition of hot pot chain Shabu All Day, advancing its offshore expansion. In a disclosure on Thursday, JFC said the Korea Fair Trade Commission clearance marks a key step toward completing the deal through Jolli-K, its