Americana mulls acquisition of Five Guys, Cinnabon operator Cravia
Americana Restaurants International PLC studies the acquisition of Cravia, the Middle East operator of Five Guys, and Cinnabon, in a step that aims to enhance its franchise network in the restaurant sector.
Talks are still in early stage, Bloomberg reported, citing sources with knowledge of the matter.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Argaam
2 hours ago
- Argaam
China's Foton mulls commercial vehicle plant in Saudi Arabia
The Ministry of Investment signed a four-party memorandum of understanding (MoU) with the Industrial Center, China's Foton Motor, and Petromin to explore the establishment of an integrated commercial vehicle manufacturing plant in Saudi Arabia. In a post on its official account on X, the ministry said the agreement aims to enhance the localization of vehicle manufacturing and to enhance local content in the sector.
Al Arabiya
4 hours ago
- Al Arabiya
Airbus unveils major Saudi deals amid Middle East tensions and global trade uncertainty
Airbus Executive Vice President Wouter Van Wersch join Al Arabiya English from the Paris Air Show to discuss landmark deals in Saudi Arabia, how regional tensions affect strategy, and why the Middle East is key to Airbus' growth.
Argaam
5 hours ago
- Argaam
Americana mulls acquisition of Five Guys, Cinnabon operator Cravia
Americana Restaurants International PLC studies the acquisition of Cravia, the Middle East operator of Five Guys, and Cinnabon, in a step that aims to enhance its franchise network in the restaurant sector. Talks are still in early stage, Bloomberg reported, citing sources with knowledge of the matter.
