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Hyper Dynamic Hikes Stake in Jollibee Foods to 43.5%

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Jollibee Foods (PSE:JFC) affiliate Hyper Dynamic acquired 165,000 shares in the company, according to a Monday regulatory filing.

After the latest transactions, the affiliate's total stake in Jollibee Foods rose to 487.2 million shares, or 43.47% of outstanding capital.

The shares were purchased at prices ranging from 126.90 Philippine pesos to 130.30 pesos per share.

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