A Bloomberg report pegs the deal size at $933 million. The transaction consolidates KFC and Pizza Hut operations in India ...
Outlook Money on MSN
Devyani International stock soars 8% post-merger announcement: What shareholders need to know
Devyani International and Sapphire Foods announced an all-stock merger to consolidate Yum! Brands’ KFC and Pizza Hut operations under one entity by April 1, 2026.Sapphire Foods shareholders will ...
Shares of Devyani International Ltd jumped 8% to hit an intraday high of ₹159.66, while Sapphire Foods India Ltd declined 4% ...
Under the agreed swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 ...
NDTV Profit on MSN
Devyani International And Sapphire Foods Merger: Share Swap Ratio Explained For Retail Investors
If you own 100 shares of Sapphire Foods on the record date, here's what you will receive as a retail investor, 177 shares of ...
The Beijing-based investment bank will issue some 3.1 billion new A shares at 36.91 yuan to acquire all outstanding shares in Dongxing Securities and Cinda Securities to facilitate the merger, ...
Shares of Devyani International, the operator of KFC and Pizza Hut outlets in India, rose sharply on Friday after the company announced a long-awaited $934 million merger with smaller rival Sapphire ...
NDTV Profit on MSN
Devyani-Sapphire merger to create India's largest F&B firm, turnover pegged at Rs 8,000 crore
The entity will have a turnover of around Rs 8,000 crore. After the merger, the entity will cross a billion dollar in ...
Devyani International and Sapphire Foods, India’s two largest operators of KFC and Pizza Hut, are set to merge in an all‑stock deal that will create a single, unified franchisee for Yum! Brands’ ...
Semler Scientific and Strive’s proposed merger could form a 13,000 BTC corporate treasury, reshaping Bitcoin adoption in public markets.
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