KFC operator Devyani International to acquire majority 81% stake in ‘Biryani by Kilo’ parent for ₹420 crore

KFC operator Devyani International will acquire up to 80.72 per cent stake in Sky Gate Hospitality, which operates brands including 'Biryani By Kilo', for ₹419.6 crore. The acquisition includes three brands of Sky Gate -- Biryani By Kilo, Goila Butter Chicken, and The Bhojan.

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