Thursday 28 March 2024
 
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Americana

Americana signs treasury ops deal with Kyriba

Kyriba, a global provider of cloud treasury and financial management solutions, said that Kuwait Food Company (Americana) has signed a joint venture with Kyriba Middle East to modernize its treasury management operations.  &l

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Why families should choose frozen

In today’s busy family homes, it is important to ensure that every member of the family consumes healthy and delicious meals, which can be challenging sometimes for the people who love to cook. Americana Foods, the region&rs

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Local comfort foods rank high among UAE consumers

UAE consumers have strong emotional connections with comfort foods from local dairy brands, Patchi chocolate and Americana products, according to the Brand Intimacy 2017 Report by MBLM Dubai. Overall, an impressive five of the top

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Kuwait's Asar plays key role in Americana stake deal

Al Ruwayeh & Partners (ASAR), a leading corporate law firm in Kuwait, said it played a major role in helping Adeptio AD Investments (Adeptio) acquire 67 per cent of the share capital of Kuwait Food Company (Americana) from Al Khair National

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Kuwait's Asar plays key role in Americana stake deal

Al Ruwayeh & Partners (ASAR), a leading corporate law firm in Kuwait, said it played a major role in helping Adeptio AD Investments (Adeptio) acquire 67 per cent of the share capital of Kuwait Food Company (Americana) from Al Khair National

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Adeptio completes Americana share buy

Adeptio AD Investments SPC and Al Khair National for Stocks and Real Estate have announced the completion of the sale by Al Khair of all of its shares in Kuwait Food Company (Americana) to Adeptio at a price of KD2.65 ($8.74) per share.

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Adeptio completes Americana share buy

Adeptio AD Investments SPC and Al Khair National for Stocks and Real Estate have announced the completion of the sale by Al Khair of all of its shares in Kuwait Food Company (Americana) to Adeptio at a price of KD2.65 ($8.74) per share.

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Americana posts 31pc Q2 net profit gain

Kuwait Food Co (Americana) posted a 31 per cent rise in second-quarter net profit on Monday. The operator of restaurant franchises in the Middle East, including KFC, made a net profit of KD9.03 million ($29.91 million) in the thre

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Adeptio mulls $1.65bn loan to fund Americana acquisition

Gulf-based Adeptio is in advanced talks with banks to secure a $1.65 billion bridge loan to fund its purchase of a majority stake in Kuwait Food Company (Americana), banking sources told Reuters on Wednesday. Discussions with the

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Dubai group buys majority stake in Americana

An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food Co (Americana) from the Kharafis, a wealthy Kuwaiti merchant family, for about $2.4 billion. Under a legally

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