CCI clears Devyani-Sapphire merger, paving way for unified KFC and Pizza Hut operations in India
India's antitrust regulator, the CCI, has cleared the combination of Sapphire Foods India and Devyani International, which would bring KFC and Pizza Hut franchise operations under one structure. Devyani confirmed the clearance in an exchange filing and said it is awaiting the detailed order. Other statutory steps remain before the merger takes effect.
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