Devyani International Ltd’s expansion into Thailand has cheered investors with the shares of the quick service restaurant operator closing 5% higher on Monday.
Devyani International Ltd’s expansion into Thailand has cheered investors with the shares of the quick service restaurant operator closing 5% higher on Monday.
The company’s entry into the Southeast Asian market involves its subsidiary acquiring a 93% stake in Restaurant Development Co. Ltd, a KFC franchise partner. The remainder has been allocated to a local partner. Besides Devyani, Temasek Holdings also has a stake in this subsidiary.
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The company’s entry into the Southeast Asian market involves its subsidiary acquiring a 93% stake in Restaurant Development Co. Ltd, a KFC franchise partner. The remainder…
