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Jollibee, FCPL to form joint venture

Fastfood company Jollibee Foods Corp. (JFC) said it will set up a joint venture with Food Collective Pte. Ltd. (FCPL) to operate Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines. Jollibee will own 60 percent of the business while Food Collective will own the remaining 40 percent.… ....

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