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The Abraaj Group invests in leading Algerian logistics company, FBA

2014-12-17 14:34:21| Logistics - Topix.net

The Abraaj Group , a leading investor operating in global growth markets, announced the acquisition, through one of its Funds, of a stake in La FlA che Bleue AlgA©rienne SPA , a leading Algerian company specializing in transportation and logistics services. Headquartered in the Algerian city of Skikda, FBA began operations in 2004, servicing companies and transporting merchandise of various sectors including agribusiness, FMCG, the beverage industry, and construction materials.

Tags: group company leading logistics

 

UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's

2014-12-10 13:00:43| Food - Topix.net

Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.

Tags: period update match bid

 
 

UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's

2014-12-10 12:04:26| Agriculture - Topix.net

Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.

Tags: period update match bid

 

UPDATE 1-Kellogg tops Abraaj offer for Egypt's Bisco Misr

2014-11-26 13:53:30| Agriculture - Topix.net

Kellogg Co, the world's biggest breakfast cereal maker, has offered 908.5 million Egyptian pounds for Egyptian cake and biscuit maker Bisco Misr, setting up a likely bidding war with a UAE investment company. UAE-based Abraaj Investment Management offered 850 million pounds this month for the Egyptian firm, which earlier refused a takeover bid from Juhayna Foods, Egypt's largest juice maker.

Tags: offer update tops bisco

 

UAEs Abraaj increases bid to acquire Egypts Bisco Misr

2014-11-25 01:00:00| Food Processing Technology

UAE-based Abraaj investment management has increased its offer to $127.9m for the acquisition of 100% shares of Egyptian confectionary producer Bisco Misr.

Tags: bid increases acquire bisco

 

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