JSA advised Yum! Restaurants (India) Private Limited in the sale of its entire shareholding of 4.4% in Devyani International Limited through on-market block deal.
Yum! Restaurants (India) Private Limited, under the parent group of Yum! Brands, is one of the leading restaurant company in chicken, pizza and Mexican-style food categories operating through franchise model for brands including KFC, Pizza Hut, and Taco Bell.
Devyani International Limited is one of India’s largest operators of quick-service restaurants and one of the largest franchisees for Yum Brands (KFC and Pizza Hut) in India.
Deal value: ~ INR 871 crore / USD 105 million.
Our Transaction Team Comprised Partner – Shivpriya Nanda, Madhurima Mukherjee Saha, and Gaurav G Arora, Principal Associate – Shivali Singh and Junior Associate – Aditi Richa Tiwary.
Gaurav G. Arora is a Partner at JSA with over 12 years of experience advising multinational corporations, investment funds, and high-growth businesses on mergers & acquisitions, private equity investments, corporate structuring, cross-border transactions, foreign direct investment, and general corporate matters. He regularly advises clients on complex domestic and international transactions across the technology, healthcare, manufacturing, real estate, retail, and services sectors. Gaurav is recognised as an ALB India Rising Star and among the Top 10 Young Lawyers by ALB Thomson Reuters.