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Metro Pacific Takes a Bite of Wendy's and Conti's
The Philippine Star
|August 30, 2025
P1.2-B Deal Beefs Up Group's Agribusiness Portfolio
Metro Pacific Investments Corp. of tycoon Manuel V.Pangilinan has taken a bite of the holding company behind Wendy's Philippines and Conti's Bakeshop and Restaurant a move expected to strength en MPIC's agribusiness portfolio.
The STAR has learned that Metro Pacific Agro Ventures Inc. (MPAV) has executed share purchase and subscription agreements for a 15-percent stake in Eight8Ate Holdings Inc. for about P1.2 billion. The deal was signed late last month.
A food and restaurant operator, Eight8Ate Holdings owns premium casual dining restaurant Conti's and fast-food chain Wendy's in the Philippines. It is also the company behind MASUMA Food Industry Inc., Good Mood Food and Better Coffee.
Diese Geschichte stammt aus der August 30, 2025-Ausgabe von The Philippine Star.
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