Temasek Partners with Savola Group for Americana Bid

Posted on 09/07/2015


Singapore’s Temasek Holdings is working with Savola Group, a Saudi Arabian food producer company, to make a bid for Kuwait Food Co., a fast-food franchise operator known as Americana. The deal is valued between US$ 4 billion to US$ 5 billion. At the end of 2014, Savola Group bid on Kuwait Food. Other interested buyers […]