Merger News Update: First big deal of 2026! KFC, Pizza Hut now under one roof, Sapphire Foods to merge with Devyani International – Market

Sapphire Foods-Devyani International Merger: Sapphire Foods India Limited and Devyani International Limited announced a major merger on Thursday, January 1, 2026, the first day of the new year. According to a stock exchange filing, the plan of arrangement for merger of Sapphire Foods with Devyani has been approved by the company’s board. The deal brings…

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