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Colorado-based Smashburger is targeting to make its foray in the Philippine market through the vast network of fast-food giant Jollibee Foods Corp. (JFC) as it sets its sight in Asia for expansion, its top official said.

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Filipino-owned fastfood giant Jollibee Foods Corp. completed its acquisition of a 40-percent stake in US-based casual burger brand Smashburger in a deal valued at $99.5 million.

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CAMBODIA AND KOREA

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Filipino-owned fastfood giant Jollibee Foods Corp. completed its acquisition of a 40-percent stake in US-based casual burger brand Smashburger in a deal valued at $99.5 million.

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abtest

Smashburger wants bite of Asian market

By Iris Gonzales | November 22, 2015 - 9:00am

Colorado-based Smashburger is targeting to make its foray in the Philippine market through the vast network of fast-food giant Jollibee Foods Corp. (JFC) as it sets its sight in Asia for expansion, its top official...

Business

Jollibee completes purchase of stake in US burger chain

By Iris Gonzales | October 27, 2015 - 10:00am

Filipino-owned fastfood giant Jollibee Foods Corp. completed its acquisition of a 40-percent stake in US-based casual burger...

Business

Jollibee gobbles up US burger chain

By Iris Gonzales | October 13, 2015 - 10:00am

Jollibee Foods Corp. is acquiring 40 percent of US-based fast casual burger chain Smashburger for $99 million, marking its biggest investment overseas.

Business