Yum's $2.7B Pizza Hut sale puts Devyani International's 600+ India outlets in play
Yum Brands has agreed to a $2.7 billion sale of the Pizza Hut business, a franchisor-level shift that flows directly to Devyani International, operator of 600+ Pizza Hut stores in India. Separately, Italy's FILA is offloading up to 7% of DOMS Industries via a Rs 892 crore block at a Rs 2,100 floor.
Stocks-in-news roundup: Yum Brands agreeing to a $2.7B Pizza Hut sale impacts Devyani International, India's 600+ Pizza Hut operator. Italian FILA selling up to 7% in DOMS at Rs 2,100 floor. TMPV/JLR Investor Day flagged.