Wednesday 17 September 2014
 
»
Tag
 
»
Savola

Bidders line up for Kuwait's Americana

Up to three bidders could submit offers to buy a majority stake in Kuwait Food Company (Americana) ahead of a deadline for second-round bids in mid-October, sources aware of the matter told Reuters. One of the bidders, Savola Grou

More…

JP Morgan to advise Savola on Americana stake buy

Saudi Arabia's Savola Group has appointed JP Morgan to advise on its potential purchase of a stake in Kuwait Food Co (Americana), the Jeddah-based firm said. Savola previously said in August it had held preliminary talks with

More…

Savola to sell stake in Jeddah property project

Savola Group said it will sell its entire stake in a real estate project in Jeddah, Saudi Arabia, for SR593.5 million ($158.3 million) to an affiliate. The company, a producer of cooking oil, sugar and other foodstuffs, will sell

More…

Savola to sell stake in Jeddah property project

Savola Group said it will sell its entire stake in a real estate project in Jeddah, Saudi Arabia, for SR593.5 million ($158.3 million) to an affiliate. The company, a producer of cooking oil, sugar and other foodstuffs, will sell

More…

Savola confirms talks with Americana shareholder

Major Saudi Arabian food producer Savola Group said on Tuesday it had conducted preliminary talks with one of the largest shareholders in Kuwait Food Co (Americana) on a potential purchase of that shareholder's stake. Savola s

More…

Americana says no knowledge of Savola talks

Kuwait Food Company (Americana) said on Monday that it had no knowledge of any talks with Saudi Arabia's Savola Group on a possible acquisition of Americana. "The board and executive administration deny knowledge of any n

More…

Savola starts talks on acquiring Kuwait's Americana

Major Saudi food producer Savola Group said on Wednesday it had begun preliminary talks on a potential acquisition of Kuwait Food Company (Americana) , one of the Middle East's largest food companies. Savola has attended an in

More…

Savola in talks to sell packaging unit to Takween

Saudi Arabia's Savola Group has signed a non-binding agreement to sell its packaging business to Takween Advanced Industries, as it moves to focus on its core sectors of food and retailing, it said on Wednesday. Savola, which

More…

Savola CEO Mannaa to resign

Saudi Arabian food company Savola Group said on Tuesday its chief executive officer Abdulraouf Mannaa is to step down for personal reasons. Mannaa would be replaced by Abdullah Mohammed Noor Rehaimi, currently a board member at Sa

More…

Savola CEO Mannaa to resign

Saudi Arabian food company Savola Group said on Tuesday its chief executive officer Abdulraouf Mannaa is to step down for personal reasons. Mannaa would be replaced by Abdullah Mohammed Noor Rehaimi, currently a board member at Sa

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads