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Kuwait Food Says Its Management Has No Knowledge About 50% Stake Purchase

By Fiona MacDonald -

Kuwait Food Co. said its executive management is not aware of any plan by companies to purchase a 50 percent stake in the food processing and restaurant operator known as Americana.

Kuwait Food made the announcement in a statement today to the bourse on newspaper reports.

To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.net

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