Jollibee buys 10% stake in Botrista for $28&M
Jollibee [JFC 252.60, down 0.6%; 240% avgVol] [link] disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL). According to JFC’s press release, Botrista “holds more than 100 patents globally for its proprietary dispense technology” that allows an automated system to prepare […]
Tomas Kauer 
Jollibee [JFC 252.60, down 0.6%; 240% avgVol] [link] disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL). According to JFC’s press release, Botrista “holds more than 100 patents globally for its proprietary dispense technology” that allows an automated system to prepare […]
