Jollibee Foods Plans to Spin Off International Operations With US Listing by 2027

Jollibee Foods Corp. plans to spin off its international business and list it in the U.S. by late 2027, as the Philippine fast-food group moves to accelerate its growth globally.

The new entity--Jollibee Foods Corporation International--would include all its operations and businesses outside the Philippines, while its domestic operations will remain as a listed company on the Philippine Stock Exchange, it said in a statement Tuesday.

"The structure is designed to sharpen strategic focus for each company and support each business in pursuing its strategic ambitions...

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