Americana revises ADX
Americana, the largest quick-service restaurant operator in the Mena region, has revised its listing date on the Arab world’s two largest stock markets to December 12. The company's shares will begin trading on the same day.
This is revised from the initial date of December 6 for the company that operates chains such as Pizza Hut and KFC in the region.
The move is subject to receiving all required regulatory approvals, the company said in a statement on Monday, adding that Americana will complete the initial public offering process through a dual listing on the Abu Dhabi Securities Exchange and Saudi Arabia’s Tadawul bourse.