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Tag: abraaj
Abraaj pulls out of bidding for Egypt's Bisco Misr
2014-12-31 13:48:28| Food - Topix.net
Emerging markets private equity firm Abraaj Group will pull out of the bidding process for the acquisition of Egypt's Bisco Misr, Abraaj said on Wednesday. The company had been involved in a bidding war with Kellogg Co, the world's largest breakfast cereal maker, for the purchase of as much as 100 percent of the Egyptian snack maker.
Tags: bidding
pulls
bisco
egypts
Abraaj pulls out of bidding for Egypt's Bisco Misr
2014-12-31 09:44:02| Agriculture - Topix.net
Emerging markets private equity firm Abraaj Group will pull out of the bidding process for the acquisition of Egypt's Bisco Misr, Abraaj said on Wednesday. The company had been involved in a bidding war with Kellogg Co, the world's largest breakfast cereal maker, for the purchase of as much as 100 percent of the Egyptian snack maker.
Tags: bidding
pulls
bisco
egypts
Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr
2014-12-24 19:11:01| Food - Topix.net
Kellogg Co, the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr on Wednesday, topping a rival offer from the UAE's Abraaj in an intensifying $144 million takeover battle. Kellogg's latest bid, for 89.86 Egyptian pounds per share, followed an offer earlier in the day by Abraaj Asset Management for 88.09 pounds, the head of Egypt's financial regulator Sherif Samy told Reuters.
Tags: battle
bids
kellogg
bisco
Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr
2014-12-24 18:51:40| Agriculture - Topix.net
Kellogg Co, the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr on Wednesday, topping a rival offer from the UAE's Abraaj in an intensifying $144 million takeover battle. Kellogg's latest bid, for 89.86 Egyptian pounds per share, followed an offer earlier in the day by Abraaj Asset Management for 88.09 pounds, the head of Egypt's financial regulator Sherif Samy told Reuters.
Tags: battle
bids
kellogg
bisco
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.
Tags: table
fresh
bids
kellogg