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Abraaj withdraws from Bisco Misr takeover race

2015-01-02 12:02:58| Agriculture - Topix.net

On Wednesday , Abraaj announced said it "decided that it will not continue to participate" in the takeover battle with Kellogg . On 24 December, Abraaj raised its offer for Bisco Misr to EGP88.09 per share, up from the EGP84.66 a share it tabled a week earlier.

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