Sunday 7 February 2016
 
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Americana

Gulf group to buy key stake in Kuwait's Americana

Gulf-based group Adeptio signed an initial agreement with the Al Khair holding company to buy its stake in Kuwait Food Company (Americana), the companies said in bourse statements on Thursday. State news agency Kuna said Adeptio,

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Gulf group to buy key stake in Kuwait's Americana

Gulf-based group Adeptio signed an initial agreement with the Al Khair holding company to buy its stake in Kuwait Food Company (Americana), the companies said in bourse statements on Thursday. State news agency Kuna said Adeptio,

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Americana says no binding offers, talks ongoing

Kuwait Food Company has not received any binding offers for a stake in the company to date, the firm better known as Americana said in a statement on Sunday. Americana, backed by Kuwait's billionaire al-Kharafi family, said ta

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Kuwait's Americana says board not aware of bids for stake

The board of Kuwait Food Co, better known as Americana, is not aware of any bids for a stake in the company and there have been no developments that would cause unusual trading in its shares, the firm said. Americana, backed by Ku

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Americana posts 4.3pc Q1 net profit drop

Kuwait Food Co (Americana), whose biggest shareholder has been in talks with several parties to sell a stake in the firm in recent months, posted a 4.3 per cent fall in first-quarter net profit on Monday. The operator of restauran

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Kuwait's Americana Q4 net profit falls 28pc

Kuwait Food Company (Americana), whose biggest shareholder has been in talks with several parties to sell a stake in the firm, has posted a 28 per cent drop in fourth-quarter net profit. The operator of restaurant franchises inclu

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Americana still in talks for sale

Talks are still under way with several parties for a sale of the business of Kuwait Food Company (Americana), the company's biggest shareholder said on Thursday. Americana, backed by Kuwait's billionaire Al-Kharafi family,

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KKR-CVC pick advisers for Americana bid

KKR & Co and CVC Capital Partners have chosen Goldman Sachs and HSBC to advise them on their joint bid for a majority stake in Kuwait Food Company (Americana), sources familiar with the matter said on Tuesday. The private equi

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Americana posts 33.6pc Q3 net profit jump

Kuwait Food Company (Americana), whose major shareholder is studying bids for its stake in the firm, posted a 33.6 per cent jump in third-quarter net profit on Wednesday as revenue rose and costs fell. The firm made KD10.9 million

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Americana posts 33.6pc Q3 net profit jump

Kuwait Food Company (Americana), whose major shareholder is studying bids for its stake in the firm, posted a 33.6 per cent jump in third-quarter net profit on Wednesday as revenue rose and costs fell. The firm made KD10.9 million

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