Legal
PE investors launch lawsuit against Mon Hue founder
They claim they had not approved the closing of the chain’s outlets.
PE investors launch lawsuit against Mon Hue founder
They claim they had not approved the closing of the chain’s outlets.
Luckin diversifies, inks juice joint venture with Louis Dreyfus
The business looks to capitalise on China’s “fastest-growing” NFC market.
Jollibee completes acquisition of The Coffee Bean and Tea Leaf
The coffee chain is now their second largest business.
Food Junction buy spells short-term pain for BreadTalk: analyst
It could incur acquisition debt of S$50m along with assumed interest of 2.5-3.5%.
MK Restaurant Group acquires majority stake in Thai restaurant chain Laem Charoen Seafood
The deal is said to be aligned with the group’s strategy to expand the restaurant business in Thailand.
Jollibee to boost revenues in the US and China through M&A: report
It wants the two markets to account for 30% of its revenues separately.
McDonald's Japan to keep current prices for most of its products despite new tax
The country’s consumption tax on food is deemed to be effective by the start of October.
Singaporean firm acquires TGI Fridays' India
It was sold by Bistro Hospitality and TGI Fridays which held 75% and 25% stakes, respectively.
Burger King India receives US$6.28m capital infusion from Everstone Capital: report
The funds will be used for store expansion and refurbishments.
7-Eleven Malaysia gross profit up by 8.5% in H1 2019
Its total revenue of RM1.17bn (US$277.9 m) was mainly driven by new store openings.
BreadTalk to buy food court operator FoodJunction for $80m
It will be paid in cash.
Yum China to acquire controlling stake in Huang Ji Huang
The transaction is expected to close in early 2020.
Burger King's China franchisee mulls Hong Kong IPO: report
TAB Food Investments could seek a US$1bn valuation.
ST Group reports 42.9% revenue growth
The company also had lower profit, citing one-off listing expenses.
Gong Cha secures investment from private equity firm TA Associates
The transaction is expected to close in early October.
Domino's Japan leads int'l operations with 13.6% increase in sales
The pizza chain opened 81 stores this year.
Haidilao's sales grew by 59.3% to US$1.66bn in H1 2019
The chain’s 130 new store openings were key in its growth.
