### Jollibee's Strategic Move: US IPO and International Business Spin-Off Jollibee Foods Corporation (JFC), a prominent fast-food chain from the Philippines, is set to embark on a significant corporate restructuring by spinning off its international operations into a standalone entity. This strategic decision aims to facilitate a listing on a U.S. securities exchange, while the Philippine operations will continue to be listed on the Philippine Stock Exchange (PSE). The move is seen as a pivotal step in Jollibee's ambition to enhance its global footprint and attract a broader investor base, particularly in the U.S. market. The proposed spin-off, named Jollibee Foods Corporation International (JFCI), is expected to be executed by late 2027, with existing shareholders potentially receiving shares in the new entity corresponding to their interests in JFC [https://www.nrn.com/quick-service/jollibee-plans-us-ipo-as-company-prepares-to-spin-off-international-division, https://www.adobomagazine.com/brand-business/jollibee-foods-corporation-eyes-u-s-listing-for-international-business-while-retaining-pse-presence]. ### Breakdown of Jollibee's Spin-Off and IPO Plans 1. **Corporate Restructuring**: Jollibee plans to separate its international operations from its Philippine business, creating JFCI as an independent company. 2. **U.S. Listing**: The new entity, JFCI, will be listed on a U.S. securities exchange, aiming to tap into the larger capital markets and attract U.S. investors. 3. **Retention of Philippine Operations**: Jollibee's operations in the Philippines will remain listed on the PSE, ensuring that the company maintains its local presence. 4. **Shareholder Benefits**: Current shareholders of JFC may receive shares in JFCI, allowing them to diversify their investment portfolios. 5. **Advisory Engagement**: Jollibee has engaged both international and local advisors to assist in the structuring and timing of the spin-off and IPO process [https://qsrmedia.asia/international/news/philippines-jollibee-lists-international-business-spinoff-in-us, https://finance.yahoo.com/news/jollibee-foods-plans-us-listing-021930483.html]. ### Supporting Evidence and Market Reactions - **Market Response**: Following the announcement, Jollibee's shares surged over 11%, indicating strong investor interest and confidence in the company's future prospects [https://www.indexbox.io/blog/jollibee-plans-to-spin-off-and-list-international-business-in-us-by-late-2027]. - **Global Expansion Strategy**: The spin-off aligns with Jollibee's ongoing strategy to expand its international presence and compete more effectively against global fast-food giants like McDonald's [https://www.scmp.com/business/companies/article/3338926/mcdonalds-philippine-rival-jollibee-list-global-business-us-2027]. - **Operational Scope of JFCI**: JFCI will encompass all of Jollibee's businesses outside the Philippines, representing a diverse portfolio across various markets [https://www.e.vnexpress.net/news/business/companies/philippine-fast-food-chain-jollibee-plans-us-listing-of-international-business-5002900.html]. ### Conclusion: A Bold Step Towards Global Growth In summary, Jollibee Foods Corporation's decision to spin off its international operations and pursue a U.S. IPO marks a significant milestone in its growth trajectory. This strategic move is expected to enhance its market presence and provide shareholders with new investment opportunities. The key points of this development include: 1. **Creation of JFCI**: A standalone entity for international operations. 2. **U.S. Listing by 2027**: Aiming for a broader investor base. 3. **Continued Philippine Operations**: Maintaining local market presence. 4. **Shareholder Value**: Potential for shareholders to receive shares in the new entity. 5. **Advisory Support**: Engaging experts to navigate the spin-off process. This restructuring is poised to position Jollibee favorably in the competitive global fast-food landscape, as it seeks to leverage its brand and operational strengths on an international scale [https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/jollibee-foods-plans-us-listing-its-international-business, https://www.philippinedailymirror.com/jollibee-eyes-u-s-listing-for-global-business-by-2027-plans-major-corporate-split].