ABU DHABI, July 6 Kuwait Food Co
(Americana) said on Sunday it had no knowledge of any firms
interested in buying its business, contrary to recent media
"The administration of the company has no knowledge of this
matter. The administration of the company has also not received
any offers regarding it," the firm said in a bourse filing.
Last week, Bloomberg reported private-equity firms KKR & Co
LP and TPG Capital were among groups looking to
buy a majority stake in the food retailer. It cited unnamed
people familiar with the matter.
Reuters reported in April that the al-Kharafi family, the
billionaire majority shareholder in Americana, had hired
investment bank Rothschild to help sell the business.
(Reporting by Maha El Dahan; Writing by David French; Editing
by Andrew Torchia)