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Devyani to buy Sky Gate's 80.72% stake
Mint Mumbai
|April 25, 2025
Quick service restaurant chain operator Devyani International Ltd (DIL) on Thursday said it will acquire up to 80.72% stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore.
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The acquisition includes three brands of Sky Gate—Biryani By Kilo, Goila Butter Chicken and The Bhojan.
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