Pizza Hut operator Sapphire Foods in talks with global buyout firm for pre-IPO round

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Sapphire Foods India Pvt Ltd, an India franchisee for Yum! Brands’ KFC and Pizza Hut, is in advanced discussions with a global private equity firm for a pre-initial public offering (IPO) fundraise, two persons told VCCircle.  The Pizza Hut operator is in talks with The Carlyle Group to do a funding ......