Finance
.png&w=1080&q=75){kind=logo}
Mr. BillionhairKFC and Pizza Hut Merge in a $934 Million Power Move
Folks, incredible news! India’s KFC and Pizza Hut, two giants, just merged in a stunning $934 million deal! This is HUGE! They’re teaming up to tackle rising costs and sluggish sales. Watch out, McDonald’s and Domino’s! This combo will dominate the fast-food scene! Believe me, it’s going to be tremendous! They’ll be unstoppable, folks!
few days ago | MM Desk
Quick rundown
1.KFC and Pizza Hut operators in India are merging.
2.The merger aims to tackle rising costs and competition.
3.Devyani International will issue shares to Sapphire Foods.
4.The merger could unlock profitability through synergies.
5.Both companies have been operating at a net loss recently.
