Jollibee plans to acquire majority stake in South Korean coffee chain

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02 Jul 2024 --- Philippine fast food company Jollibee Foods Corporation (JFC) is set to acquire a 70% stake in South Korea’s Compose Coffee to expand its coffee and tea business. Jollibee’s majority-owned Titan Fund will take 5%, while the remaining 25% will be held by private equity firm Elevation.

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