date:Aug 19, 2014
Kuwait Food Co (Americana) said on Monday that it had no knowledge of any talks with Saudi Arabia's Savola Group on a possible acquisition of Americana.
The board and executive administration deny knowledge of any negotiations with Savola regarding an acquisition of Americana, the Kuwaiti company said in a statement to its stock exchange.
A recent meeting between the two companies was intended only to discuss the possibility of joint cooperation in certain fields and markets; the meeting did n