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Resurfaced report,first published

Yum! takes minority stake in Devyani International; Rs 1,000 cr capex to double KFC, Pizza Hut footprint

Yum! Brands acquires minority stake in largest India franchisee Devyani International, which operates 500 KFC/Pizza Hut stores. India posted 12% Q4 SSSG. DIL plans Rs 1,000 crore capex over five years to double KFC/Pizza Hut footprint.

Reported figures

From the report. Source details below

  • 74 KFC restaurants acquired
  • <10% company-operated KFC India

Other figures

  • Rs 350 crore book value
  • 98% franchised globally

The source

Source Read the source at Devyani International

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