GENERAL
Sapphire Foods Merger With Devyani International Gets CCI Approval
The Competition Commission of India (CCI) has approved the proposed merger of Sapphire Foods India Ltd with and into Devyani International Ltd, along with certain related transactions. The combination brings together two major operators of quick-service restaurant brands in India, both of which operate franchise outlets of KFC and Pizza Hut. Devyani operates multiple international […]
