Yum! Restaurants (India) Private Limited sells its stake in Devyani International Limited through block deal on the stock exchange

  • Deal
  • February 21, 2024

JSA advised Yum! Restaurants (India) Private Limited in the sale of its entire shareholding of 4.4% in Devyani International Limited through on-market block deal.

Yum! Restaurants (India) Private Limited, under the parent group of Yum! Brands, is one of the leading restaurant company in chicken, pizza and Mexican-style food categories operating through franchise model for brands including KFC, Pizza Hut, and Taco Bell.

Devyani International Limited is one of India’s largest operators of quick-service restaurants and one of the largest franchisees for Yum Brands (KFC and Pizza Hut) in India.

Deal value: ~ INR 871 crore / USD 105 million.

Our Transaction Team Comprised Partner – Shivpriya Nanda, Madhurima Mukherjee Saha, and Gaurav G Arora, Principal Associate – Shivali Singh and Junior Associate – Aditi Richa Tiwary.