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ThaiBev to buy KFC outlets in Thailand for 11.3b baht

Amount is for over 240 existing outlets; additional sum will be paid to Yum for restaurants under development


THAI Beverage Public Company (ThaiBev) has agreed to buy over KFC outlets in Thailand, including some in the pipeline.

It intends to pay 11.3 billion baht (S$463 million) for existing outlets - totalling more than 240. An additional amount...

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