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Jollibee Goes Mexican, Buys 47% Stake in US-Based Tortas Frontera

It's the latest acquisition for Tony Tan Caktiong's growing food empire

Homegrown fast-food group Jollibee Foods Corp. (JFC) has announced a $12.4-million deal with US-based Mexican food concept Tortas Frontera LLC, giving the Filipino firm a 47-percent stake in the American restaurant chain. This is the second major food venture of JFC in ...

by Elyssa Christine Lopez  | September 07, 2018 12:00:00
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