Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Kuwait’s Americana Jumps After KKR, TPG Said to Weigh Bids

Kuwait Food Co., the Middle Eastern food manufacturer and restaurant operator known as Americana, jumped the most in more than a year as private-equity firms consider bidding for a majority stake in the company.

Americana shares rose 3.6 percent to 2,880 fils in Kuwait trading, the most since May 2013, valuing the company at about $4.1 billion. The stock has gained about 14 percent this year.

KKR & Co. and TPG Capital are among at least six private-equity groups exploring the purchase of Americana from the biggest shareholder, the Al-Kharafi family, people with knowledge of the matter said yesterday. Other bidders interested in Kuwait Food, which could be valued at about $5 billion, include CVC Capital Partners Ltd. and Advent International Corp. the people said.

Americana, founded in 1964, is the franchise operator of restaurants such as KFC, TGI Friday’s Inc. and Pizza Hut in the Middle East and North Africa region. It also manufactures produce including California Garden beans and Farm Frites frozen vegetables.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.