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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

NJ Transit passenger allegedly pulls knife on train conductor

2014-12-30 19:52:37| Railroads - Topix.net

Authorities have detained a passenger who allegedly pulled a knife on a New Jersey Transit train conductor while the train was in motion. The passenger was arrested when the train stopped at the Red Bank station in Monmouth County.

Tags: train transit passenger knife

Safeway pulls caramel apples amid listeria scare

2014-12-24 03:04:53| Biotech - Topix.net

The statement Tuesday came a day after the family of a person who died from a listeria infection linked to the fruit sued the grocery company. The Centers for Disease Control and Prevention confirmed the 81-year-old woman was sickened with the same strains of listeria found in apples that infected 28 other people in nine states.

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London Markets: Unilever higher in London trade, but BG Group pulls back

2014-12-23 10:59:19| Food - Topix.net

U.K. stocks rose Tuesday, with consumer-products heavyweight Unilever PLC gaining following the purchase of two well-known brands, but shares of BG Group PLC were on the losing end of the FTSE 100 benchmark. shares rose 1.2% as the company agreed to buy the Zest and Camay soap brands from Procter & Gamble Co.

Tags: back group higher trade