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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.

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Kellogg and Abraaj table fresh bids for Bisco Misr

2014-12-18 13:33:39| Agriculture - Topix.net

Kellogg and Abraaj Investment Management have tabled new offers for Egyptian snack firm Bisco Misr, with the US group again outbidding the private-equity firm. The cereal giant has reportedly improved its offer for Bisco Misr to EGP86.36 a share, up from its previous EGP82.2-a-share bid.

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KenGen seeking bids for development of two geothermal power plants

2014-12-10 01:00:00| Power Technology

Kenya Electricity Generating Company (KenGen) has invited bids from developers to design and construct two geothermal power plants that have a combined generation capacity of 210MW.

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Canadian Telecom BCE Bids $585 Million for Glentel

2014-11-28 21:07:17| Telecom - Topix.net

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FCC auction bids top $36bn

2014-11-25 01:00:00| Total Telecom industry news

AWS-3 spectrum set to fetch more than double the amount of money of 2008 700-MHz auction.

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