RRJ, Jollibee secure Dunkin' Donuts China franchise
RRJ Capital has teamed up with Philippines-based quick service restaurant operator Jollibee Foods Corporation to launch Dunkin’ Donuts in China.
Jasmine Asset Holding, a wholly-owned subsidiary of RRJ Capital Master Fund II, will hold a 40% interest in the joint venture, with Jollibee taking a 60% stake. The two groups have committed up to $300...
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