Jollibee International Spinoff
In Plain English
Jollibee Foods Corporation is splitting off Jollibee Foods International into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This was recently announced.
Jollibee Foods International will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
Jollibee Foods Corporation
JBFCY
Consumer Discretionary
SpinCo / Target
Jollibee Foods International
Announced
Jan 6, 2026
Jan 6, 26
Expected
End of 2027
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
Jollibee Foods to spin off its international restaurant operations.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2026-01-06
COMPLETEDForm 10 Filed
UPCOMINGIRS Tax Ruling
UPCOMINGShareholder Approval
UPCOMINGRecord Date
End of 2027
UPCOMINGDistribution / Completion
End of 2027
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2026-01-06
Form 10 Filed
UPCOMINGRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
UPCOMINGPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
UPCOMINGBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: End of 2027
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: End of 2027