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PIZZA HUT ACQUISITION
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- US Stocks: Pizza chains Papa John's and Pizza Hut edge closer to finding new owners, sources sayTwo of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs...
- Devyani International Q3 Results: Loss widens to Rs 109 crore, revenue up 11%Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previou...
- Devyani International shares zoom 8% after mega merger announcement with Sapphire FoodsExciting developments are afoot as Devyani International announces a strategic merger with Sapphire Foods India, set to establish the large...
- India's KFC, Pizza Hut operator Devyani hails historic GST move, sees minimal impactDevyani International Limited, operator of KFC and Pizza Hut in India, praised the new GST reforms. They called it a major policy developme...
- Devyani International to acquire majority stake in 'Biryani by Kilo'Devyani International Ltd (DIL), a major franchisee for KFC, Pizza Hut, and Costa Coffee, plans to acquire a controlling stake in Sky Gate ...
- Yum! Restaurants (India) reports Rs 162 cr profit in FY24, income up 13 pc to Rs 832 crYum! Restaurants India, parent company of Pizza Hut and KFC, reported a profit of Rs 162.04 crore in FY24. Revenue rose to Rs 689.93 crore....
- Sapphire Foods Q4 Results: PAT plunges 98% YoY to Rs 2 crore; revenue jumps 13%This was the company’s biggest profit fall since listing as inflation-weary customers continued to cut back on dining out and ordering in
- India KFC operator Devyani International enters Thailand with $129 million dealThe Thai restaurant operator runs 274 KFC outlets in the Southeast Asian country and employs more than 4,500 people. Devyani acquired the c...
- Fundamental Radar: Why Sapphire Foods is a bet worth taking in QSR space? Sandeep Raina explainsIf one looks at its 5-year performance, then Sapphire Foods’ revenue has grown from Rs 957 crore in FY18 to Rs 2,266 crore in FY23 at a CAG...
- Faasos parent Rebel Foods to run US fast-food chain Wendy’s in IndiaThis takes forward an existing partnership between Wendy’s and Rebel Foods, signed more than two years back to operate the US-based company...
- KFC owner reports ‘exceptional quarter’, picks up stake in DILYum! Restaurants, Indian subsidiary of Yum! Brands, has picked up minority stake in its largest franchise partner RJ Corp-owned Devyani Int...
- Softbank may invest in startup with robots that make pizza in delivery trucks en route to customersThe investment shows SoftBank’s Vision Fund's broader ambitions to attach itself to the food-delivery businesses.
- Devyani International to invest Rs 1,000 crore ahead of IPO; ropes in former KFC India MD ShindeThe company has hired former KFC India managing director Rahul Shinde as executive director, as it looks to accelerate presence in a sector...
- Quick service restaurants close 80 outlets in 18 months due to slowdown in consumer spendsThe country’s Rs 6,000-cr quick service restaurant business has been reporting low single-digit same store sales growth over past 6 quarter...
- CCI clears acquisition of Yum! India operations by PE firmsCCI has approved the proposed acquisition of some franchise operations of Yum! India by a consortium of investors led by Samara Capital.
- Capillary Technologies eyes Rs 285 crore funding from Warburg & CoCapillary’s valuation after its third round of institutional fundraising is estimated to be $170-180 million (Rs 1,080-Rs 1,140 crore).
- Indians go off burgers, fries & pizzas amid slowdown; same-store sales drop in December quarterSuddenly India isn't looking like the next fast-food nation as consumers watch what they spend on non-essentials amid slowdown.
- IHC plans Rs 1000 cr fundIndia Hospitality Corporation (IHC), an investment firm listed on the London Stock Exchange’s AIM market, is putting together a Rs 1,000-cr...
- German co Oetker to buy Fun Foods, VRBGermany's Oetker Group will acquire Fun Foods and VRB Foods, makers of pizza toppings and mayonnaise, for Rs 110 crore.
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