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HomeNewsAmericana selects banks for dual listing in Saudi Arabia and the UAE

Americana selects banks for dual listing in Saudi Arabia and the UAE

Americana selects banks for dual listing in Saudi Arabia and the UAE - source© Reuters. FILEPHOTO: The Kentucky Fried Chicken (KFC), logo was pictured on North Miami Beach’s sign, Florida. It is April 6, 2017. REUTERS/Carlo Allegri/File Photo

DUBAI, (Reuters) – A Middle East franchisee for fast food restaurants KFC & Pizza Hut hired banks for a potential dual listing with Saudi Arabia and UAE according to a source who is familiar with the matter.

Americana Group chose Goldman Sachs (NYSE :), First Abu Dhabi Bank and Saudi National Bank to complete the deal, according to the source. They declined anonymity because it is private.

FAB, Goldman Sachs and SNB didn’t immediately reply to our request for comment.