Yum Brands in talks to merge its two Indian franchisees, Economic Times reports
04/07/2025 07:45
July 4 (Reuters) - Yum Brands YUM.N, the American owner of fast food restaurant chains KFC and Pizza Hut, is in talks to facilitate a merger of its Indian franchisees Devyani International DEVY.NS and Sapphire Foods SAPI.NS, the Economic Times reported on Friday, citing people aware of the development. Reuters could not immediately verify the report. (Reporting by Ananta Agarwal in Bengaluru; Editing by Mrigank Dhaniwala) ((Ananta.agarwal@thomsonreuters.com;))
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