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Kellogg's closes Bisco Misr acquisition

2015-01-16 01:00:00| Food Processing Technology

Kellogg's has completed the acquisition process for a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a deal worth $125m.

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Kellogg's to acquire 85.93% stake in Bisco Misr

2015-01-13 01:00:00| Food Processing Technology

Kellogg's is set to acquire an 85.93% stake in Bisco Misr after shareholders of the Egyptian biscuit maker agreed to sell their shares.

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UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's

2014-12-10 13:00:43| Food - Topix.net

Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.

Tags: period update match bid

 

UPDATE 1-Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg's

2014-12-10 12:04:26| Agriculture - Topix.net

Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker Bisco Misr to December 24 to match the period of rival bidder Kellogg Co. Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.

Tags: period update match bid

 

Kellogg's increases Bisco Misr bid to $11.50 per share

2014-12-01 01:00:00| Food Processing Technology

Breakfast cereal maker Kellogg's has increased its bid for Egyptian cake and biscuit maker Bisco Misr to EGP82.2 ($11.50) per share, in an increasingly intensifying bidding war with Dubai-based competitor Abraaj.

Tags: share bid increases kelloggs

 

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