KFC left Israel in 2012, after the previous franchisee said that he had been pushed into a loss after going kosher.
Decathlon's 3,600 square meter store will be in the new BSR City Mall in Petah Tikva on Jabotinsky Street, sources inform "Globes."
The Competition Authority will require Rami Levy to sell five supermarkets in Jerusalem and four elsewhere.
The company says that it is considering all of its business options, including an IPO.