Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store…

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A 5 million percent return

A 5 million percent return

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC The investing world’s north star is beginning to dim. Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run that turned an unremarkable textile company into…

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