KFC and Pizza Hut Operator Set for $2 Billion UAE, Saudi IPO.

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  • Additional Information
    • Subject Terms:
      KFC Corp. ; PIZZA Hut Inc.
    • Abstract:
      Americana operates restaurants for brands including Baskin Robbins, Costa Coffee and TGI Fridays as well as KFC and Pizza Hut, according to its website. (Bloomberg) -- The Middle Eastern operator of KFC and Pizza Hut restaurants is set for a landmark dual listing, in which Saudi Arabia's Public Investment Fund and Dubai-based businessman Mohamed Alabbar will sell a 30% stake in the firm. [Extracted from the article]
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