Egypt’s Bisco Misr

Egypt’s Bisco Misr shareholders agree to sell stake to Kellogg
Egypt

Egypt’s Bisco Misr shareholders agree to sell stake to Kellogg

Egypt's Bisco Misr said on Tuesday shareholders controlling nearly 60 percent of the company had agreed to sell to the…
Abraaj pulls out of bidding for Egypt’s Bisco Misr
Egypt

Abraaj pulls out of bidding for Egypt’s Bisco Misr

Emerging markets private equity firm Abraaj Group will pull out of the bidding process for the acquisition of Egypt's Bisco…
Bisco Misr takeover bid deadline extended until Jan. 11
Business

Bisco Misr takeover bid deadline extended until Jan. 11

Egypt's financial regulator has extended until Jan. 11 the bidding period for Bisco Misr , the subject of a takeover…
EFSA approves Kellogg’s revised bid to acquire Bisco Misr at LE86.36/share
Business

EFSA approves Kellogg’s revised bid to acquire Bisco Misr at LE86.36/share

The Egyptian Financial Supervisory Authority (EFSA) approved Kellogg’s revised bid to acquire Bisco Misr at EGP86.36/share, 2.008% over Abraaj’s bid…
Kellogg outbids Abraaj for Egypt’s Bisco Misr again
Business

Kellogg outbids Abraaj for Egypt’s Bisco Misr again

 Kellogg has raised its bid for Egyptian snack maker Bisco Misr to 86.36 Egyptian pounds per share, topping a rival…
UAE’s Abraaj asks to raise bid for Bisco Misr to 84.66 pounds per share
Business

UAE’s Abraaj asks to raise bid for Bisco Misr to 84.66 pounds per share

The UAE's Abraaj Investment Management asked Egypt's financial regulator on Wednesday to approve a revised offer of 84.66 Egyptian pounds…
Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg’s
Business

Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg’s

Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker…
Kellogg raises stakes in bidding war over Egypt’s Bisco Misr
Business

Kellogg raises stakes in bidding war over Egypt’s Bisco Misr

Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr , intensifying a bidding war…
Kellogg tops Abraaj offer for Egypt’s Bisco Misr
Business

Kellogg tops Abraaj offer for Egypt’s Bisco Misr

Kellogg Co, the world's biggest breakfast cereal maker, has offered 908.5 million Egyptian pounds ($127 million) for Egyptian cake and…
UAE’s Abraaj says raises offer price for Egypt’s Bisco Misr
Business

UAE’s Abraaj says raises offer price for Egypt’s Bisco Misr

United Arab Emirates-based Abraaj Investment Management has increased the price it is offering shareholders of Bisco Misr to buy the…
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