Is Kuwait’s Little Chef acquisition haram? - Blogs - ArabianBusiness.com:
"Kuwait-based Kout Food Group’s acquisition of British roadside dining chain Little Chef for the cheap as chips sum of $23m raises some big questions.
The eateries, known for their Olympic-sized fried breakfasts, were originally bought out by private equity firm RCapital in 2007. After some substantial efforts to trim the fat off the company, including closing two-thirds of its 234 outlets, RCapital has somehow returned this once noble British institution to profitability. That is not forgetting roping in the help of celebrity chef Heston Blumenthal along the way.
While I personally wish the best of success to Kout, which also runs some KFC and Burger King restaurants in the UK and Kuwait, I do find something quite fishy about all of this."
'via Blog this'
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