Singapore's Temasek Said to Join Savola in Bid for Americana

Updated on
  • Deal may value Kuwaiti fast-food company at up to $5 billion
  • Americana sale process has been underway for over a year

Singapore’s Temasek Holdings Pte has teamed up with Saudi Arabia’s Savola Group to bid for Middle Eastern fast-food operator Kuwait Food Co. in a deal that could be valued at between $4 billion to $5 billion, according to two people with knowledge of the matter.

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