Jollibee Foods Corp (JFC.PS), the Philippines' largest fast food company, said on Thursday it is keen to buy a U.S.-based fast food firm with a market value of at least $1 billion to advance a goal of boosting revenues from outside its home base.
Jollibee
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Singaporean President Tony Tan Keng Yam said his country is conducting trade missions to its neighboring country, the Philippines, where seven companies are interested in investing in the infrastructure, transport, consumer services, and logistics sectors.
Philippine-based real estate holding company SM Investments Corp entered an agreement to acquire a 34% stake in CityMall Commercial Center Inc for an undisclosed amount to construct a chain of community malls in Visayas and Mindanao.
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