Markets◆ Mixed
Devyani-Sapphire Merger Gets CCI Nod: KFC India, Pizza Hut Ops Unify Under QSR Powerhouse
CCI is in focus.
· NDTV Profit
The CCI clears the proposed merger, bringing the KFC and Pizza Hut franchise operations of both companies under a common corporate structure, subject to other regulatory formalities.
Why it matters
- With CCI involved, this carries a regulatory dimension that can outlast the immediate market reaction.