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Buy Devyani International; target of Rs 220: Motilal Oswal - Vimarsana News

Buy Devyani International; target of Rs 220: Motilal Oswal

Motilal Oswal is bullish on Devyani International recommended buy rating on the stock with a target price of Rs 220 in its research report dated December 18, 2023.

QSR of Asia keen on 2nd KFC business - Vimarsana News

QSR of Asia keen on 2nd KFC business

The QSR of Asia under Thai Beverage Plc (ThaiBev), one of the operators of KFC in Thailand, is keen to participate in a race to acquire another KFC franchise if Restaurants Development Co, one of the other KFC franchisees in Thailand, agrees to sell its KFC franchise business as reported.

KFC operator in Thailand explores sale of business: sources - Vimarsana News

KFC operator in Thailand explores sale of business: sources

SINGAPORE: Restaurants Development Company is exploring the sale of its KFC franchise business in Thailand, valued at roughly $300 million, as revenue rebounds with a recovery in Southeast Asia's second-largest economy, three sources aware of the matter said.

KFC operator in Thailand said to be exploring sale of business valued at $300m - Vimarsana News

KFC operator in Thailand said to be exploring sale of business valued at $300m

The Restaurants Development Company is backed by a consortium led by Southeast Asian-focused private equity firm AIGF Advisors.

RD hits record KFC sales resurgence and accelerates growth to expand its - Vimarsana News

RD hits record KFC sales resurgence and accelerates growth to expand its

Restaurants Development (RD), a KFC franchisee, will accelerate growth in 2022 to build at least 28 new KFC restaurants

Source: ryt9.com