Kuwaiti co. raises its Krispy Kreme stake again

WINSTON-SALEM N.C. Just days after revealing an 11.3-percent stake in Krispy Kreme Doughnuts Inc., a Kuwaiti contract company with a controlling interest in a Middle East Krispy Kreme franchise has purchased an additional 71,900 shares in the U.S. restaurant concern, boosting its aggregate holding to 11.4 percent, or 7.37 million shares.

Mohamed Abdulmohsin Al Kharafi & Sons WLL is Krispy Kreme's largest shareholder after increasing its stake steadily since

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