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Jollibee Plans To Acquire Beijng Hongzhuangyuan

Aggregated Source: ChinaRetailNews.com
September 2, 2008|

After acquiring YongHe King, Jollibee, the Philippine fast food chain, aims to acquire another Chinese food chain and the company has announced plans to acquire 100% of the equity in the Beijing Hongzhuangyuan porridge store chain for about USD55.5 million. According to Jollibee, the two sides have signed a final agreement, which is waiting for the [...]

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