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UAE Adeptio seals Americana takeover

UAE Adeptio seals Americana takeover
The deal is worth a total of KWD 283.74 million (Photo Credit: Arabianeye-Reuters)
Americana
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Mubasher: Boursa Kuwait announced the completion of Adeptio’s compulsory acquisition of the Kuwaiti firm Kuwait Food – Americana, according to a statement issued on Tuesday.

The UAE Adeptio AD Investments SPC Ltd. has purchased 26.634% of Americana’s shares which consists of 107.07 million shares at a value of KWD 2.65 per share; the deal is worth a total of KWD 283.74 million, the statement added.