Sapphire Foods set to merge with Devyani International: What it means for shareholders

As part of the merger, Sapphire Foods will merge into Devyani International through a share-swap mechanism. Devyani ...
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Betting On A Pizza Hut Comeback? Here's How Brokerages Are Assessing The Devyani-Sapphire Merger

While both brokerages remain positive on execution and synergy visibility, they underscored that a sustained pickup in ...

Mint Explainer: Why are KFC and Pizza Hut franchisees Devyani and Sapphire coming together?

As KFC and Pizza Hut struggle with slowing sales and thinning margins, franchisees Devyani International and Sapphire Foods are merging. What’s driving the deal, how will they benefit, and what does ...
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Devyani-Sapphire Merger To Create India's Largest F&B Firm, Turnover Pegged At Rs 8,000 Crore

The entity will have a turnover of around Rs 8,000 crore. After the merger, the entity will cross a billion dollar in ...

'DIL-Sapphire Foods merged entity to cross $1 billion annual revenue'

The merged entity will have more than 3,000 stores globally and a turnover of approximately Rs 8,000 crore on an annualised ...