Wednesday, December 14, 2011

Carlyle & Coke: Saudi 42 Percent Club

The Carlyle Group and Coca Cola each invested in Saudi food companies, taking an identical 42% stake.  Carlyle bought into Alamar Foods, franchise operator for Domino's Pizza and Wendy's restaurants in the Middle East and North Africa.  Coke invested in Aujan Group, a regional sweet drinks maker.

The Arab Spring means fast food and sugary sodas, not to mention fat profits for private equity underwriters and American branded multinationals.