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Abraaj exits bidding process for 100% acquisition of Egypts Bisco Misr
2015-01-05 01:00:00| Food Processing Technology
Private equity firm Abraaj Group has announced its decision to pull out of the competitive bidding process for the 100% acquisition of Egyptian snack producer Bisco Misr.
Tags: process
acquisition
bidding
exits
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
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