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Event Brief

Devyani Shares Surge on Merger with Sapphire Franchisee

Devyani and Sapphire merge to unify KFC & Pizza Hut franchises in India.
WHO: Devyani International, Sapphire Foods
WHAT: Merger of franchise operators
WHEN: Jan 1, 2026 at 7:00 PM ET
WHERE: India
WHY: To create a single unified franchisee for KFC & Pizza Hut
Sources (1): CNBC Top News

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