The deal includes 46 Pizza Hut restaurants, generating an annual revenue of approximately $11 million in 2024
Pizza Hut
Latest in Pizza Hut
advertising
Pizza Hut offering free pizza in return for TikTok videos in the UAE
It is not just influencers making dough online as Pizza Hut now accepts TikTok content as currency
Americana Restaurants
300 new stores prop up Americana Restaurants revenues to $2.41bn
Stores required a CapEx of $167.9 million, 7% of revenue; Adjusted EBITDA margin at 22.8%
Abu Dhabi
Americana reports strong revenue growth, increased profit in 2023
The company achieved a revenue of $1,897 million during this period, representing a growth of 7.1 percent compared to the same period in 2022
Abu Dhabi Securities Exchange
Middle East IPO market booms, outpacing Europe: Everything you need to know about the region’s latest mega listings
Here’s an overview of how the biggest IPOs in the Middle East have performed this year, along with insights on upcoming major developments
Americana Group
$8 billion IPO for KFC and Pizza Hut operator across Middle East and North Africa hots up
New York-based Morgan Stanley is to work on the initial public offering of Americana, which counts Dubai’s Mohamed Alabbar and Saudi’s Public Investment Fund among its backers.
Adeptio
PIF and Mohamed Alabbar-owned operator of KFC, Pizza Hut in MENA region considers potential IPO: report
The Americana Group IPO could raise approximately $1 billion, the report stated. The firm was valued at approximately $3.5 billion when it was taken private in 2017
