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UPDATE 1-Kellogg raises stakes in bidding war over Egypt's Bisco Misr

2014-11-30 17:58:54| Food - Topix.net

Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr , intensifying a bidding war with the UAE's Abraaj Investment Management that has pushed up the offer price by more than 12 percent. The world's biggest breakfast cereal maker upped its bid to 82.2 Egyptian pounds per share on Sunday, trumping Abraaj's previous offer of 80.58 pounds .

Tags: war update bidding raises

 

Kellogg raises stakes in bidding war over Egypt's Bisco Misr

2014-11-30 15:12:41| Agriculture - Topix.net

Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr, intensifying a bidding war with the UAE's Abraaj Investment Management that has pushed up the offer price by more than 12 percent. The world's biggest breakfast cereal maker upped its bid to 82.2 Egyptian pounds per share on Sunday, trumping Abraaj's previous offer of 80.58 pounds .

Tags: war bidding raises stakes

 
 

US President Barack Obama stakes final two years on climate change

2014-11-17 23:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: With just two years left in power, President Barack Obama is elevating his efforts to combat global warming above almost all else as he seeks to leave an imprint that will endure after he's gone. It's a strategy rooted not only in Obama's long-stated support for such efforts, but also in political reality. Only two weeks ago, Obama's prospects for realizing his goals on education, wages and immigration diminished when voters put Republicans in full control of Congress through 2016. But overseas...

Tags: years change final president

 

Dow Chemical to Sell JV Stakes in Kuwait

2014-11-13 04:40:41| Chemicals - Topix.net

Dow Chemical Co. said it would sell stakes in two petrochemical joint ventures in Kuwait as part of its efforts to streamline its business and raise cash so the company can buy back more of its own shares.

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Exclusive: Germany eyes sale of stakes in Deutsche Telekom, Post

2014-11-11 13:06:58| Telecom - Topix.net

A finance ministry document seen by Reuters, which is due to be approved by Chancellor Angela Merkel's cabinet on Wednesday, sketches out plans for holdings in a range of companies. A sale of shares in rail operator Deutsche Bahn also remains an option, it says.

Tags: post sale germany eyes

 

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