Yum! Brands is reportedly mediating a merger between its Indian franchise partners, Devyani International Ltd (DIL) and Sapphire Foods India Ltd, potentially through a share swap. The move aims to create synergies amid slowing growth in the QSR sector, consolidating KFC and Pizza Hut operations under DIL, owned by RJ Corp.
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Yum! craves Devyani-Sapphire combo
