PH-listed Macay acquires canteen concessionaire Kitchen City for $41m

PH-listed Macay acquires canteen concessionaire Kitchen City for $41m

Photo from Kitchen City's website.

Philippine-listed investment holding firm Macay Holdings Inc has acquired Artemisplus Express, operator of the canteen concessionaire Kitchen City, for 2 billion pesos ($41 million) in an all-cash deal, according to a disclosure.