Mergers & Acquisitions
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Indonesian unicorn Tokopedia enters Indonesian wedding marketplace via Bridestory acquisition
Bridestory said “yes” and is now part of the Tokopedia family.
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Filipino fast food chain Jollibee may take a bite of UK sandwich chain Pret A Manger
If the deal with Pret A Manger is consolidated, this would become Jollibee’s biggest acquisition to date.
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JAS Asset acquires cafe chain Casa Lapin to set up joint venture Beans and Brown
JAS Asset’s new joint venture – Beans and Brown will take over coffee house chain Casa Lapin, with plans to strengthen the brand overseas and list the subsidiary within 3 years.
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Temasek takes 30% stake in Italian fashion brand Stone Island
Stone Island will use the capital for international growth and expansion for its men’s sportswear brand.
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Jollibee gains control over SuperFoods Group ahead of Vietnam IPO
Philippine’s homegrown fast food giant Jollibee Foods Corp (JFC) said on Thursday that its subsidiary JSF Investments Pte. Ltd has hiked its stakes in SuperFoods Group to 60 percent. The 10 percent increase from its…