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Abraaj
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Nestle to Invest in Egypt in The Near Furture
Jan 20, 2015Nestle, Swiss food giant, is going to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years. Its North East Africa Region CEO said the kind of investments they have made over the last three to four years ...
Tags: Nestle, food giant
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Kellogg Became The Only Suitor for The Biscuit Company
Jan 13, 2015Egyptian cake and biscuit maker Bisco Misr's shareholders controlling 86% of shares have agreed to divest their shares to US-based food manufacturing company Kellogg, in a $125m deal. The Reuters reported that bidding for the biscuit ...
Tags: biscuits, wafers, corn flakes, Agriculture
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Abraaj' Deciding to Pull out of The Bidding Process
Jan 5, 2015Private equity investing firm Abraaj Group has decided to withdraw from the bidding process for the acquisition of Egypt's BiscoMisr. The company had offered $12.14 per share to purchase up to 100% of the share capital of Egyptian cake ...
Tags: Egyptian cake, biscuit maker, Agriculture
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Al-Nour Company for Dairy Product Has Placed a New Bid to Acquire 100% Shares of ADPC
Dec 30, 2014Cairo based Al-Nour Company for Dairy Product has placed a new bid to acquire 100% shares of Arab Dairy Product Company (ADPC). The Egyptian Financial Supervisory Authority (EFSA) has approved Al-Nour's decision to purchase the company ...
Tags: Dairy Product, Agriculture
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Kellogg's Has Once Again Raised Its Offer to Acquire Bisco Misr
Dec 29, 2014US-based food manufacturing company Kellogg's has once again raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £89.86 per share, in an increasing $144m takeover battle. Kellogg's new offer overtakes Abraaj ...
Tags: Egyptian cake, biscuit maker, Agriculture
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Kellogg's Has Raised Its Offer to Acquire Bisco Misr to 82.2 Per Share
Dec 2, 2014US-based food manufacturing company Kellogg's has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to £82.2 per share. Kellogg's new offer overtakes Abraaj Investment Management's latest offer of ...
Tags: Egyptian cake, biscuit, Agriculture
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Abraaj Investment Management Raises Its Offer to Acquire Bisco Misr to $129.6m
Nov 28, 2014Abraaj Investment Management has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to $129.6m. The move comes after breakfast cereal maker Kellogg's offered $127.06m for the biscuit producer, Reuters reported. ...
Tags: cake, biscuit, Agriculture
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Abraaj Investment Management Has Secured Approval
Nov 21, 2014Abraaj Investment Management has secured approval from the Egyptian Financial Supervisory Authority to acquire 51% stake in the nation's confectionery producer Bisco Misr for $119m. The company, which will pay £73.91 per share, will ...
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Abraaj Group Has Bought a Stake in Moroccan Kool Food for an Undisclosed Sum
Apr 18, 2014UAE-based private investor Abraaj Group has bought a stake in Moroccan confectionery manufacturer Kool Food for an undisclosed sum. Established in 2010, Kool Food specializes in chocolate confections, powder drinks as well as other ...
Tags: Abraaj Group, Kool Food
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Abraaj Has Entered Into an Agreement to Acquire Majority Stake in Yorsan Group
Jan 23, 2014The Abraaj Group, a UAE-based private equity investor, has entered into an agreement to acquire majority stake in Turkish dairy firm Yorsan Group, alongside the European Bank for Reconstruction and Development (EBRD). Yorsan Group is a ...
Tags: Abraaj, Yorsan Dairy Firm
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Danone Is Set to Acquire 49% Stake in Fan Milk,Manufacturer in West Africa
Oct 28, 2013Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
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Abraaj Group has agreed to acquire Danish Fan Milk
Jun 25, 2013Abraaj Group, a Dubai-based private equity firm, has agreed to acquire Danish Fan Milk International from the Emborg family from Aalborg together with the private equity fund Maj Invest Equity and the management. Fan Milk International ...
Tags: Abraaj, Milk, Agriculture&Food