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SAPPHIRE FOODS MERGER
Impresario in talks to acquire mid-sized restaurant chains ahead of proposed IPOImpresario Entertainment & Hospitality, owner of Social and Smoke House Deli, is in talks to acquire several mid-sized restaurant chains to...- Devyani merger, new labour codes burn a hole in Sapphire Foods' earningsSapphire Foods reported a third-quarter loss. This was due to costs from new labor laws and a merger with Devyani International. KFC stores...
- 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...
- From CFO to CEO: Devyani tweaks leadership recipe ahead of Sapphire mergerDevyani International has appointed Manish Dawar as its new President and Chief Executive Officer. This leadership change comes as the quic...
- Do mergers & acquisitions indicate the worst is behind this once-high flying sector? 5 QSR stocks with upside potential of up to 32%The sector that was worst hit by the rising popularity of online food delivery platforms like Zomato and Swiggy was quick service restauran...
- Coca-Cola plans to pop the cap on $1 billion HCCB IPO this yearCoca-Cola is preparing to list its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), through an IPO this summer to raise approxima...
- Titan’s stellar run continues, but valuations leave little room for error: Dipan MehtaTitan Company's stellar quarterly updates impress, but valuations test patience. While gold price surges boost revenue, profitability conce...
- Merged entity of Sapphire Foods, Devyani International likely to cross USD 1 bn annual turnover: Ravi JaipuriaA major merger is set to create a food and beverage giant in India. Sapphire Foods India and Devyani International will combine operations....
- Burgers and big bets: Everyone wants a bite of booming QSRIndia's quick-service restaurant sector is experiencing a surge in dealmaking, with major players like Devyani International and Sapphire F...
- Devyani-Sapphire merger: What the 3,000 restaurant deal means for your sharesDevyani International and Sapphire Foods will merge through a near-parity share-swap to create one of India’s largest QSR players with over...
- 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...
- Buy, Sell or Hold: Motilal Oswal downgrades ITC; Citi maintains neutral rating on HCL TechnologiesBrokerage views on key frontline stocks reflect divergent trends. Citi maintained a Neutral stance on HCL Technologies while raising its ta...
- Devyani & Sapphire to merge, form QSR giantDevyani International and Sapphire Foods India are merging operations. This union will create India's largest quick-service restaurant enti...
- Stocks in news: ITC, Devyani International, Hudco, Tata Steel, KPI GreenMarkets began the New Year subdued, ending nearly unchanged. Analysts anticipate the Nifty will soon break its consolidation phase. A move ...
- KFC operators Sapphire Foods-Devyani International's merger to create fast-food giant in IndiaSapphire Foods India said it will merge with Devyani International, a move expected to consolidate local franchise partners of Yum Brands, ...
- Yum! craves Devyani-Sapphire comboYum! Brands is reportedly mediating a merger between its Indian franchise partners, Devyani International Ltd and Sapphire Foods India Ltd,...
- Gautam Trivedi on 3 factors that could dampen the market rallyThe second thing to bear in mind is that the rally, when I say it is global, you have seen the German DAX which is up 16% that is a new lif...
- Why cloud kitchen Rebel Foods is going back offline to build food courtsIt started out as a omnichannel fast food chain, and a decade later, Rebel Foods has designs on high streets, malls and standalone outlets,...
- Top stock picks of five brokerages for 2023ICICI Bank to deliver strong compounding returns with valuations set to re-rate higher as the bank has cemented its stalwart position with ...
- Sun Pharmaceutical, Dr Reddy's Labs, JB Pharmaceuticals, Torrent Pharma and Piramal Pharma eye Oaknet HealthcareAnother mid-sized pharma firm, La Renon, backed by Sequoia Capital and A91 Partners is also keen on buying out Oaknet. Binding bids will be...
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