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Kellogg Completed The Acquisition of Stake in Egyptian Cake and Biscuit Maker Bisco Misr
Jan 19, 2015American cereal producer Kellogg has completed the acquisition of a majority stake in Egyptian cake and biscuit maker Bisco Misr, in a previously announced deal worth $125m. Kellogg has agreed to pay £89.86 per share for 85.93% ...
Tags: Egyptian cake, biscuit maker, Agriculture
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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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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