Philippines' Jollibee buys Coffee Bean for $100 million in overseas push

Philippines' Jollibee Foods Corp (JFC) , a major Asian fast-food operator, said on Wednesday it had agreed to acquire U.S. brand Coffee Bean & Tea Leaf (CBTL) for $100 million as part of its rapid expansion outside its home market.

from Reuters: Business News https://ift.tt/2SBQu6Z