MIDEAST STOCKS-Scrapped Americana sale weighs on Kuwait; other bourses mixed | Reuters:
"Shares in Kuwaiti companies linked with the al-Kharafi family tumbled on Sunday after the multi-billion-dollar sale of another Kharafi-controlled business was scrapped, while other markets were mixed in thin trade.
Investment company Adeptio had agreed in February to buy 69 percent of Kuwait Food Co (Americana) from Al Khair for Stocks and Real Estate, which is run by the wealthy Kharafi merchant family. But Al Khair announced on Sunday that the sale had been scrapped.
Americana's shares were suspended, but other Kharafi-linked stocks plunged."
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