India's KFC operator Devyani International enters Thailand with $129m deal

India's KFC operator Devyani International enters Thailand with $129m deal

FILE PHOTO: A Kentucky Fried Chicken (KFC) restaurant is pictured at a market in Mumbai, India, October 7, 2015. REUTERS/Shailesh Andrade/File Photo

India’s Devyani International on Monday said it will begin operating KFC outlets in Thailand after it acquired Restaurants Development Co in deal a worth $128.9 million, expected to be completed by March 2024.

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