The KFC and Hardees Franchisee, operating across the Middle East, debuted on both the Abu Dhabi and the Riyadh stock markets, on Monday 12th December. 30% of the company have been listed, with Dubai businessman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund selling 2.52bn shares. The share prices rose on both the UAE and Saudi Arabian stock exchanges, on the company’s first day on the markets, by 13% and 6.7%, respectively.
Americana Restaurants International PLC operate a wide range of brands, including KFC (over 900 stores), Pizza Hut (over 280 stores), Hardees (over 380 stores) and TGI Fridays (over 50 stores).
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Americana Restaurants International
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