The consortium in talks to buy Kuwait Food Company (Americana) [FOOD.KK], Adeptio, is said to line up financing for the deal. Bloomberg reports that the consortium has seven banks lined up to commit USD1.5 billion for the purchase. Adeptio plans to buy a stake from the Al-Kharafi family’s financial services firm Al Khair National for Stocks and Real Estate, which owns more than two-thirds of Americana’s shares and would also bid for the remaining shares with reported plans to take the company private post-deal. The valuation for the firm was cited at USD4 billion; however, the figure was not confirmed. (Bloomberg)