, UK

Filipino fast food group eyeing a potential Pret A Manger takeover

It could value the UK company at more than £738 million.

According Evening Standard, the offer of Jollibee Foods Corp’s would value Pret at £738 million and it would expand the Filipino household brand’s global reach which has a market value of £3.79 billion (263 billion Philippine pesos).

A spokeswoman for Pret said the company was "unable to comment on market rumours".

Click here to read more.

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