The Sapphire Foods and Devyani International merger marks a major consolidation in India’s fast-growing QSR (Quick Service Restaurant) space.
Sapphire Foods and Devyani International, two of the biggest franchise partners for KFC and Pizza Hut in India, have announced a merger plan that could reshape the country’s food retail landscape.
Under the proposed Sapphire-Devyani merger, Sapphire Foods will merge into Devyani International through a share swap mechanism.
👉 Watch the full video to understand how the Sapphire–Devyani merger works, what it means for shareholders, and why this is a landmark move in India’s QSR industry.
What’s your view on this QSR consolidation? Smart strategic move or risky expansion? Share your thoughts in the comments.
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Source: BSE, Economic Times
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@nitinprane
Big Bite
@inder0291
If I have 100 devyani then what ?