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A Bloomberg report pegs the deal size at $933 million. The transaction consolidates KFC and Pizza Hut operations in India ...
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Devyani International share price gained as much as 8% on Friday, January 2, meanwhile, Sapphire Foods share price fell over ...
The Devyani-Sapphire merger will enhance resilience and growth in India's QSR sector, creating a leading multi-brand company.
Once the merger is completed, Devyani International—controlled by billionaire Ravi Jaipuria—will operate 3,000 stores across ...
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Consumer business consultant Akshay D’Souza said profitability will be the key outcome of the Devyani International–Sapphire Foods merger, with margin improvements likely to emerge two to three ...
Indian markets posted gains for the second straight week. The Sensex and Nifty rose about 1% each, while the Nifty Bank and ...
India's KFC and Pizza Hut operators Sapphire Foods and Devyani International said on Thursday they will merge in a US$934 ...