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Kellogg's increases Bisco Misr bid to $11.50 per share

2014-12-01 01:00:00| Food Processing Technology

Breakfast cereal maker Kellogg's has increased its bid for Egyptian cake and biscuit maker Bisco Misr to EGP82.2 ($11.50) per share, in an increasingly intensifying bidding war with Dubai-based competitor Abraaj.

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