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Asharq Al-Awsat
Asharq Al-Awsat
Business
Kuwait - Asharq Al-Awsat

Kuwait’s Americana Group Picks Banks for Dual Listing

Americana Group appointed Goldman Sachs, First Abu Dhabi Bank (FAB) and SNB Capital to manage its initial public offering (IPO) that could take place as soon as possible this year, Bloomberg reported, citing sources familiar with the matter.

The group also picked Rothschild & Co. as the financial advisor for the IPO and other banks are likely to be hired for different tasks in the coming months, the sources added.

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