Yum! Restaurants (India) Private Limited has sold its entire stake in Devyani International Limited, which operates KFC and Pizza Hut, through bulk and block trade window.
Our firm advised Citigroup, for selling 5.3 crore equity shares (4.4% stake) of Devyani International Limited held by Yum! Restaurants (India) Private Limited. 1
Deal amount: INR 871 crores / USD 97.7 million
INDUSLAW Team:
Vishal Yaduvanshi (Partner), Priyadarshini Rao (Partner) and Abishek Sankar (Associate)
Other law firms involved:
- Ashurst LLP
- For Yum!: JSA
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