M&A Report 2024: Thailand
Siregran Sakuliampaiboon and Phanpicha Nityo, Weerawong C&P
Source: iflr.com
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Short Call | Valuations, volatility weigh on Nifty 2024; Devyani dazzles, Zee stutters; Apollo in fast lane; bull run in durables
Analysts seem conservative in their projections. In fact, the target level set by some domestic brokers could well be breached before the end of this year itself
Source: moneycontrol.com
India KFC operator buys Thai franchisor for US$129 million
India's Devyani International said it will begin operating KFC outlets in Thailand after it acquired Restaurants Development Co in deal a worth US$128.9 million.
Source: insideretail.asia
Devyani International share price jumps nearly 8% on Thailand market entry
Year-to-date, Devyani International share price has gained just about a per cent. Devyani International share price hit its 52-week high of ₹227.75 on September 11, 2023, and its 52-week low of ₹134.05 on March 27, 2023.
Source: livemint.com
Market laggard Devyani International shares feast on Thailand's KFC deal, jump 8%
The development triggered a strong investor interest in the stock with nearly 82 lakh shares changing hands on the NSE, while the stock witnessed a 5.20 times spurt in volumes on the BSE.
Source: indiatimes.com