Home › Kellogg and Abraaj up bids in battle for Egypt's Bisco Misr
 

Keywords :   


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

Category:Agriculture and Forestry

Latest from this category

All news
05.11American Angus elects 2024-25 board leaders
05.11Brazil gives green light to medicinal use of Cannabis in animals
05.11We might not like it, but overhead must be evaluated
05.11Phibro Animal Health completes acquisition of Zoetis medicated feed additive portfolio
05.11November/December 2024 Digital Edition of National Hog Farmer now available
04.11Markets appear restless
04.11American Angus Association fiscal year results show continued beef industry leadership
04.11KDA hosts beef genetics trade team from Canada
Agriculture and Forestry »
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Forecast Discussion Number 9
05.11Tropical Storm Rafael Wind Speed Probabilities Number 9
05.11Tropical Storm Rafael Public Advisory Number 9
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 9
05.11Kim Madigan to chair 2025 FTA Fall Technical Conference
05.11PM responds to Sir Alan Bates after repeated requests
More »