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KFC operator to buy Sky Gate's 80% stake for ₹420 crore
April 25, 2025
|Financial Express Chandigarh
DEVYANI INTERNATIONAL, THE operator of KFC and Pizza Hut in India, announced that it will acquire up to 80.72% equity in Sky Gate Hospitality, the company behind the restaurant brand Biryani By Kilo, among others.
Post-transaction, Sky Gate Hospitality will become a subsidiary of Devyani International, the company said in a regulatory filing.
Sky Gate, along with its subsidiaries, operates a portfolio of Indian cuisine brands including Biryani By Kilo, Goila Butter Chicken, and The Bhojan. The company runs a network of over 100 outlets across more than 40 cities, with a mix of dine-in formats.
هذه القصة من طبعة April 25, 2025 من Financial Express Chandigarh.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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