Monday 3 August 2015
 
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Americana

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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Americana confirms Al Khair in talks on stake sale

Kuwait Food Company (Americana) has said that a major shareholder, Al Khair National for Stocks and Real Estate Company, was in preliminary talks with "various parties" to sell its stake in Americana. The company, which

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Americana confirms Al Khair in talks on stake sale

Kuwait Food Company (Americana) has said that a major shareholder, Al Khair National for Stocks and Real Estate Company, was in preliminary talks with "various parties" to sell its stake in Americana. The company, which

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Americana shareholder reviewing its stake

Kuwait Food (Americana) asked for its shares to be suspended on the Kuwaiti bourse on Wednesday after its main shareholder said it was reviewing its portfolio, including its stake in the firm. Americana said Al Khair National for

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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

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