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English news

10-Jan-2017

Americana’s BoD endorses KWD2.65/share offer for minority

Kuwait Food Co.’s (Americana) [FOOD.KK] Board of Directors (BoD) has approved Adeptio’s mandatory offer for Americana’s remaining shares at a price of KWD2.65/share, after an independent consulting firm concluded that the offer was fair. (Company disclosure, Reuters)

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