Kuwait – Mubasher: National Investments said that UAE’s Adeptio was granted the Capital Markets Authority’s (CMA) approval for the compulsory acquisition offer to purchase the stake which Adeptio does not own in Americana.

The period opened for purchasing 33.21% of Americana’s issued shares at KWD 2.65 per share will commence on 12 January and end on 13 February, according to a bourse statement issued on Monday.

On the stock level, Americana ended Monday’s session at KWD 2.6 after about 11,400 shares were traded at a value of nearly KWD 29,500.