[All] Compose Coffee sells 70% stake to Philippine company for 330 billion won

Filipino food company Jollibee Foods announced on the 2nd (local time) that it will acquire a 70% stake in South Korean low-price coffee franchise Compose Coffee for $238 million (about 330 billion won), Reuters reported.

https://n.news.naver.com/article/001/0014782589?sid=101