As part of the merger, Sapphire Foods will merge into Devyani International through a share-swap mechanism. Devyani International will issue 177 shares of the company for every 100 shares of Sapphire ...
Sapphire Foods India Ltd. ( (IN:SAPPHIRE)) has issued an announcement. Sapphire Foods India Limited has notified the stock exchanges that it will jointly host an investor and analyst conference call ...
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Sapphire Foods clears merger with Devyani, restructuring and Yum pact in major QSR shake-up
Sapphire Foods India Ltd. ( (IN:SAPPHIRE)) just unveiled an update. Sapphire Foods India Limited’s board has approved a scheme of arrangement to amalgamate the company with Devyani International ...
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Oct 28 (Reuters) - Sapphire Foods India (SAPI.NS), opens new tab, which operates Pizza Hut and KFC restaurants in the country, posted a surprise quarterly loss on Monday, as inflation-weary consumers ...
New Delhi: The merged entity of Sapphire Foods India and Devyani International (DIL) is likely to cross $1 billion in annual turnover once the transaction is completed, according to Ravi Jaipuria, Non ...
Yum! Brands (NYSE:YUM) is in talks to facilitate a merger of its Indian franchisee partners Devyani International and Sapphire Foods, according to media reports. The talks could see Sapphire Foods ...
Sapphire Foods India plans to merge with Devyani International, a move that is expected to consolidate the two largest Indian franchisee operations of Yum Brands-owned chains KFC and Pizza Hut. Under ...
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