Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more

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Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more - KrASIA

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The post Deals in brief: Jollibee to acquire majority stake in Compose Coffee, Heymax.ai snags USD 2.6 million, Google invests in BlackRock solar portfolio company, and more appeared first on KrASIA.

Jollibee said the purchase will add 2% to its revenues, 12% to its pre-income tax earnings this year, and boost its store count by 34%.

The investment is valued at USD 340 million and will enable Jollibee to further its business interests in South Korea by leveraging Compose’s capabilities.