KFC, Pizza Hut News: Under the proposed merger, Devyani International will issue 177 shares for every 100 shares held in Sapphire Foods, the company said
The 73-year-old brand’s focus on bone-in chicken — like its iconic red-and-white-striped bucket of fried drumsticks — has left it flailing among younger customers, who are obsessed with boneless white meat
Yum! Brands, the American owner of popular food chains KFC and Pizza Hut, is in talks to facilitate the merger of its two franchisee partners in India, Devyani International and Sapphire Foods, The Economic Times reported.
Fast food giant KFC recently unveiled a limited-edition fried chicken-flavoured toothpaste, developed in partnership with Australian oral care brand Hismile. The unconventional product was inspired by the brand’s iconic recipe of 11 herbs and spices and promised an “irresistible” experience.
The food chain launched by Colonel Harland Sanders and his secret blend of 11 herbs and spices, will be based in Plano, Texas, and about 100 KFC corporate employees will be relocated in the next six months, said Yum Brands, which owns KFC, Taco Bell and Pizza Hut.
Sapphire Foods shares jumped over 12 percent, reaching a record high, fueled by heavy trading volumes and a significant transaction involving 8.5 lakh shares at Rs 355 per share.
The AI wave is set to hit popular fast food chains like KFC, Pizza Hut. Yum Brands has big plans of integrating AI across its operations.
25-year-old Callum Feehan brought a meal from a KFC outlet located on Canterbury Street in Gillingham and after returning home, opened the packet and ate the chips.
'It is the duty of the seller to ensure that the food is in a deliverable condition and the seller cannot ask the consumers to bear the expenses,' the petitioner, a law student and Zomato customer said.
The incident took place on the BA252 flight that took off from Turks and Caicos - a British Overseas Territory close to the Bahamas - and arrived in London after an air journey of 12 hours.