Hungry Jollibee eyeing big bite of UK sandwich chain

Homegrown fast-food giant Jollibee Foods Corp. (JFC) is interested to bid for UK-based international sandwich chain Pret A Manger, continuing efforts to scout for globalization opportunities.

“As you know, we continue to actively explore all the potential and available acquisition opportunities in the market. While Pret is one of the names that come up every now and then, especially since the time they were reported to be in the process of doing an IPO (initial public offering) in the US stock market, we did not make any formal nonbinding bid,” JFC founder and chair Tony Tan Caktiong said in a text-reply to Inquirer on Tuesday.

“It continues, however, to be brought to our attention…

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