Saudi's Savola says had initial talks with Americana shareholder
Savola Group said on Tuesday it had conducted preliminary talks with one of the largest shareholders in Kuwait Food Co (Americana) on a potential purchase of that shareholder's stake.
Kuwait's Americana says no knowledge of Savola acquisition talks
Kuwait Food Co. (Americana) said on Monday that it had no knowledge of any talks with Saudi Arabia's Savola Group on a possible acquisition of Americana.
Saudi's Savola says started initial talks on acquiring Kuwait's Americana
Major Saudi food producer Savola Group said it had begun preliminary talks on a potential acquisition of Kuwait Food Co (Americana).