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                    [Title] => Jollibee sells Delifrance to CaféFrance for P100 million
                    [Summary] => 
Jollibee Foods Corp. (JFC) has deci-ded to sell the assets of its French-style bakery chain Delifrance for P100 million as part of a strategy to “concentrate its resources in building larger quick-service restaurant businesses.”
                    [DatePublished] => 2010-09-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [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.


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                    [ArticleID] => 96266
                    [Title] => Jollibee infuses P106 M in unit
                    [Summary] => Fastfood giant Jollibee Foods Corp. has infused nearly P106 million in additional capital in its subsidiary Bakers Fresh Foods Phil. Inc., the retail arm of the Delifrance bakeshop chain, to consolidate its holdings in the company and eventually pave the way for a more active participation of its foreign partner in the local retail sector.


In a disclosure to the Philippine Stock Exchange, JFC said it will subscribe to 105,922 shares of BFFPI at an issue price of P1,000 per share or a total amount of P105.922 million.


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DELIFRANCE ASIA

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                    [ArticleID] => 609909
                    [Title] => Jollibee sells Delifrance to CaféFrance for P100 million
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Jollibee Foods Corp. (JFC) has deci-ded to sell the assets of its French-style bakery chain Delifrance for P100 million as part of a strategy to “concentrate its resources in building larger quick-service restaurant businesses.”
                    [DatePublished] => 2010-09-09 00:00:00
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                    [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.


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                    [Title] => Jollibee infuses P106 M in unit
                    [Summary] => Fastfood giant Jollibee Foods Corp. has infused nearly P106 million in additional capital in its subsidiary Bakers Fresh Foods Phil. Inc., the retail arm of the Delifrance bakeshop chain, to consolidate its holdings in the company and eventually pave the way for a more active participation of its foreign partner in the local retail sector.


In a disclosure to the Philippine Stock Exchange, JFC said it will subscribe to 105,922 shares of BFFPI at an issue price of P1,000 per share or a total amount of P105.922 million.


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abtest

Jollibee sells Delifrance to CaféFrance for P100 million

By Zinnia B. Dela Peña | September 9, 2010 - 12:00am

Jollibee Foods Corp. (JFC) has deci-ded to sell the assets of its French-style bakery chain Delifrance for P100 million as part of a strategy to “concentrate its resources in building larger quick-service restaurant...

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

Jollibee infuses P106 M in unit

February 28, 2001 - 12:00am

Fastfood giant Jollibee Foods Corp. has infused nearly P106 million in additional capital in its subsidiary Bakers Fresh Foods Phil. Inc., the retail arm of the Delifrance bakeshop chain, to consolidate its holdings...

Business