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Saudi PIF to take 50pc stake in AdeptioSaudi Arabia’s Public Investment Fund, the kingdom's sovereign wealth fund, will take a 50 percent stake in Dubai-based businessman Mohamed Alabbar's Adeptio investment vehicle, according to a Bloomberg report. The a More… |
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Adeptio completes Americana share buyAdeptio 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. More… |
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Adeptio completes Americana share buyAdeptio 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. More… |
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Adeptio mulls $1.65bn loan to fund Americana acquisitionGulf-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 More… |
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Americana shares sale to Adeptio scrappedKuwait's Al-Kharafi family has scrapped a sale of a majority stake in Kuwait Food Co (Americana) to a Gulf-based consortium, a company controlled by the family said on Sunday, ending months of talks over the multibillion-dollar deal. More… |
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Americana shares sale to Adeptio scrappedKuwait's Al-Kharafi family has scrapped a sale of a majority stake in Kuwait Food Co (Americana) to a Gulf-based consortium, a company controlled by the family said on Sunday, ending months of talks over the multibillion-dollar deal. More… |
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Citi drops out of $1.5bn financing of Americana saleCitigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its proposed purchase of a majority stake in Kuwait Food Company (Americana), three sources aware of the matter said. T More… |
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Americana gives go-ahead to due diligenceKuwait Food Company (Americana) said that its board had agreed to give an investment firm 60 days to carry out due diligence for the acquisition of a controlling stake in the company. Last week the Gulf-based investment firm, Adep More… |
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Americana gives go-ahead to due diligenceKuwait Food Company (Americana) said that its board had agreed to give an investment firm 60 days to carry out due diligence for the acquisition of a controlling stake in the company. Last week the Gulf-based investment firm, Adep More… |
