BANGKOK:– Thai Beverage Co Ltd has confirmed arrangements to purchase almost fifty percent of the KFC stores based in Thailand for 11.3 billion baht.
Thai Bev announced their plans to the Singapore stock exchange
They are planning to buy 240 KFC establishments that have been previously run by Yum Restaurants.
They have described their hopeful acquisition as business expansion.
Approximately there are 600 KFC stores currently across Thailand.
Source : Thaivisa
Content : LovePattayaThailand