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07-Feb-2016

Unconfirmed news report: Americana's acquisition price tag is USD4bn

In an unconfirmed report today by the Egyptian newspaper Al Alam Al Youm, the potential acquisition of Americana by UAE’s Adeptio LLC values the company at USD4bn (KWD3.0/share, c50% above the current market price). The article also mentions that due diligence will be concluded in 60-90 days. (Al Alam Al Youm)

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