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US Stocks: US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot; shares drop 12%Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. f...- Sysco buys restaurant catering supplier Jetro Restaurant Depot for a whopping $29 Billion: Here's what this means for independent restaurantsUS food giant Sysco has agreed to acquire catering supplier Jetro Restaurant Depot for $29 billion, including debt. This strategic move aim...
- Subway owner acquires popular chicken chain in $1 billion dealRoark Capital has purchased Dave's Hot Chicken for $1 billion. This deal will help Dave's Hot Chicken expand its restaurants. Roark Capital...
- Swiggy shares jump 6% as Bolt expands to 500 cities, Zomato exits 10-minute deliverySwiggy shares: Launched in October 2024, Bolt delivers ready-to-eat meals from partner restaurants within a 2-km radius, with a promised de...
- Swiggy’s Bolt expands to 500 cities as Zomato scraps 10-minute deliveryBacked by a network of over 45,000 restaurant partners, the service has seen strong traction across metros as well as Tier II and Tier III ...
- Chennai to get relief from traffic congestion with two new flyovers by the end of this yearChennai to improve traffic with flyovers in Tondiarpet and Vyasarpadi by year's end. Construction updates, benefits, Ganeshapuram subway im...
- Cloud kitchen service provider Kitchens@ raises Rs 540 crore in fundingThe firm did not disclose the valuation at which funds were raised, but the entire amount came in primary funding, founder and chief execut...
- Sandwich chain Subway will be sold to fast-food investor Roark CapitalRoark Capital, a private equity firm, will be acquiring Subway, the sandwich chain, with the aim of expanding and improving its stores. The...
- J Kumar Infraprojects’ MD Nalin Gupta buys two bungalows in Mumbai’s JuhuBoth the bungalows spread over 5,650 sq ft cumulative built-up area are part of a housing society. Gupta has acquired the said property, wh...
- Reliance Retail hires ex-Coca Cola India boss to strengthen F&B playFood and beverage is among the fastest-growing categories in organised retail. Krishnakumar's mandate will be to help bulk up this portfoli...
- Indian-origin billionaire brothers buy UK fast food chain LeonLeon, Founded by John Vincent, Henry Dimbleby and chef Allegra McEvedy in 2004, pitches itself in the category of "naturally fast food" wit...
- How railways put men at 11 level crossings a dayPiyush Goyal confirmed in his budget speech that unmanned crossings were a thing of the past.
- Bhavin Turakhia-promoted Zeta puts funds in PeopleStrong HR ServicesThe company, which was cofounded by Turakhia and Ramki Gaddipati in 2015, had also picked up an undisclosed stake in ZingHR, a cloud-based ...
- BookMyShow acquires food-tech platform Burrp for just Rs 6.7 lakhThe deal with BookMyShow will see key assets of Burrp, including its employees and existing restaurant partnerships, being absorbed by Book...
- BookMyShow acquires Mumbai-based BurrpThe Network18 divestment has been made to Foodfesta Wellcare Private Ltd, a subsidiary of BigTree Entertainment which owns and operates Boo...
- By 2018-end, 1 million will use the metro daily: BMRCL MDBMTC is restructuring its routes. There will be exclusive feeder services of medium-length buses to and from Metro stations, said Pradeep S...
- PayPal to acquire mobile wallet PaydiantPaydiant provides backend support to a host of companies, including fast food chain Subway, Barclay Card and financial services provider Ca...
- Innovative Foods Ltd to raise Rs 60 crore for frozen foods segmentIFL, owned by India Equity Partners (IEP), and supplier of frozen foods to top quick-service restaurant chains.
- Open offers pour in as promoters take advantage of lower valuationsNearly 10 proposals are expected in the weeks ahead; open offers seen mostly for small-cap companies.
- 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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