Kuwaiti family exploring sale of Americana food group | GulfNews.com:
"Kuwait’s billionaire Al Kharafi family is looking to sell Americana, one of the Middle East’s largest food companies, and has hired bankers to explore a deal, four sources familiar with the matter told Reuters.
There is no formal process underway, the sources said, but the family is working with investment bank Rothschild to approach potential buyers including private equity groups and sovereign wealth funds in the region to explore their interest in the $3.6 billion group.
According to Thomson Reuters data, the Kharafi family holds 66.8 per cent of Kuwait Food Company, which sells goods under the brand name Americana, through its private investment company MAK (Mohammed Abdulmohsin al-Kharafi & Sons)."
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