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Jollibee plans to spin off its international units into a U.S.-listed company by late 2027 to boost global growth.
Jollibee Foods Corp. plans to spin off its international operations into a separate company and list it on a U.S. stock exchange by late 2027 to accelerate global growth.
The new entity, Jollibee Foods Corporation International, will include all overseas operations, while the domestic business stays on the Philippine Stock Exchange.
Shareholders will receive proportional shares in the new company.
The move aims to improve strategic focus and investment clarity.
Jollibee operates over 10,000 locations across 33 countries and reported $3.79 billion in revenue for the first nine months of 2025, a 14% year-on-year increase, with net profit rising 2.2% to $146.3 million.
The company, valued at over $3.6 billion, has engaged advisors for the separation and U.S. listing, though timing depends on market conditions and regulatory approvals.
Jollibee’s shares rose over 10% in early trading after the announcement.
Jollibee planea separar sus unidades internacionales en una compañía cotizada en los Estados Unidos a finales de 2027 para impulsar el crecimiento global.