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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.
Bu hikaye The Philippine Star dergisinin August 30, 2025 baskısından alınmıştır.
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