Devyani International, Sapphire Foods Announce KFC-Pizza Hut Merger – India’s Largest Yum! 3000+ restaurants Franchisee
Devyani International Limited (DIL) and Sapphire Foods India Limited (SFIL) on January 1 announced a definitive merger agreement to create India’s largest franchisee of Yum! Brands, consolidating operations of KFC-Pizza Hut across India and Sri Lanka. The all-stock transaction values the deal at approximately $934 million (around ₹7,800 crore). KFC-Pizza Hut Merger Structure and Valuation […]









