Story perspectives

Jollibee to Spin Off International Business, Shares Surge 14.5%

1/6/2026

Summary

Story summary

Jollibee Foods Corp. plans to spin off its international business and list it on a US stock exchange by late 2027.
The restructuring aims to enhance strategic focus and allow investors to value Philippine and international operations separately.
Following the announcement, Jollibee Foods Corp. shares surged up to 14.5%.
Tony Tan Caktiong, founder of Jollibee Foods Corp., has led the company's global expansion since its first overseas acquisition in 2004.

1 of 1

Story summary

Jollibee Foods Corp. plans to spin off its international business and list it on a US stock exchange by late 2027.
The restructuring aims to enhance strategic focus and allow investors to value Philippine and international operations separately.
Following the announcement, Jollibee Foods Corp. shares surged up to 14.5%.
Tony Tan Caktiong, founder of Jollibee Foods Corp., has led the company's global expansion since its first overseas acquisition in 2004.