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Kellogg and Abraaj table fresh bids for Bisco Misr

2014-12-18 13:33:39| Agriculture - Topix.net

Kellogg and Abraaj Investment Management have tabled new offers for Egyptian snack firm Bisco Misr, with the US group again outbidding the private-equity firm. The cereal giant has reportedly improved its offer for Bisco Misr to EGP86.36 a share, up from its previous EGP82.2-a-share bid.

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