Yum! Restaurants, Indian subsidiary of Yum! Brands, has picked up minority stake in its largest franchise partner RJ Corp-owned Devyani International (DIL), one of the first franchisees globally where the restaurant major has acquired equity stake. This follows DIL’s acquisition of 74 KFC restaurants from Yum! over the last 18 months.
from food-entertainment - Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://ift.tt/38dAiQl
Sunday, 9 February 2020
KFC owner reports ‘exceptional quarter’, picks up stake in DIL
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