Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 360954
                    [Title] => Jollibee buys out Delifrance partner
                    [Summary] => 



Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance. 


In a disclosure to the Philippine Stock Exchange, Jollibee said the purchase of the 50 percent stake involved a restructuring of advances made by the firm and Delifrance Asia Ltd. amounting to P130 million into equity.


Jollibee said good sales from the brand encouraged the firm to buy out its partner.


                    [DatePublished] => 2006-10-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 130101
                    [Title] => Jollibee sells 50% stake in Delifrance
                    [Summary] => Jollibee Foods Corp. will sell half of its stake in Baker Fresh Foods Philippines Inc., the retail company of Delifrance Philippines Inc., to its Singapore-based partner Delifrance Asia to effect the merger of the two companies and gain a stronger foothold in the French cafe bakery food category.


In a disclosure to the Philippine Stock Exchange, JFC vice president for finance Miguel Jose Navarete said the company’s board has resolved to sell 50 percent of its shareholdings in BFFPI, a wholly-owned subsidiary, to Delifrance Asia Pte. Ltd. for P63.322 million.


                    [DatePublished] => 2001-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

BAKER FRESH FOODS PHILIPPINES INC

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 360954
                    [Title] => Jollibee buys out Delifrance partner
                    [Summary] => 



Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance. 


In a disclosure to the Philippine Stock Exchange, Jollibee said the purchase of the 50 percent stake involved a restructuring of advances made by the firm and Delifrance Asia Ltd. amounting to P130 million into equity.


Jollibee said good sales from the brand encouraged the firm to buy out its partner.


                    [DatePublished] => 2006-10-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 130101
                    [Title] => Jollibee sells 50% stake in Delifrance
                    [Summary] => Jollibee Foods Corp. will sell half of its stake in Baker Fresh Foods Philippines Inc., the retail company of Delifrance Philippines Inc., to its Singapore-based partner Delifrance Asia to effect the merger of the two companies and gain a stronger foothold in the French cafe bakery food category.


In a disclosure to the Philippine Stock Exchange, JFC vice president for finance Miguel Jose Navarete said the company’s board has resolved to sell 50 percent of its shareholdings in BFFPI, a wholly-owned subsidiary, to Delifrance Asia Pte. Ltd. for P63.322 million.


                    [DatePublished] => 2001-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Jollibee buys out Delifrance partner

By Zinnia B. Dela Peña | October 2, 2006 - 12:00am

Fastfood giant Jollibee Foods Corp. has acquired the remaining 50 percent of Baker Fresh Foods Philippines Inc., the sole franchisee of the Delifrance brand in the country, making it the sole owner of Delifrance....

Business

Jollibee sells 50% stake in Delifrance

August 14, 2001 - 12:00am

Jollibee Foods Corp. will sell half of its stake in Baker Fresh Foods Philippines Inc., the retail company of Delifrance Philippines Inc., to its Singapore-based partner Delifrance Asia to effect the merger of the...

Business