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;))
Recent news on Sapphire Foods India
See all newsIndia Stocks: Indian shares extend gains on US-Iran peace deal
India's Devyani International jumps after exchanges clear proposed merger with Sapphire Foods
Brief: Devyani International Receives 'No Objection' From NSE And 'No Adverse Observations' From BSE For Sapphire Deal
Brief: Singapore Government Sells 2.2 Million Shares In Sapphire Foods India At 180.46 Rupees per Share Via Bulk Deal
Brief: Sapphire Foods India Receives Show Cause Notice Amounting To 977.1 Million Rupees