Kellogg raises bid price for Bisco Misr
US-based Kellogg Co
Cairo - MENA
The US-based Kellogg Co., world's largest cereal maker, has made a new offer to acquire Egypt's Bisco Misr, said the General Authority for Financial Control (GAFC).
In a statement, obtained by MENA, the GAFC said that Kellogg offered 82.2 pounds per share for a stake in the snack-maker, valuing the company at 950 million pounds.
Earlier, Kellogg had launched a mandatory tender offer for up to 79 pounds per share for a stake in Bisco Misr.
Bisco Misr, a well-known brand, produces over 90 varieties of biscuits and cake with three baking facilities in Cairo and Alexandria.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 15:46 2017 Saturday ,06 May
Saudi Foreign Minister visits US Congress
GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price moves
GMT 13:17 2017 Friday ,08 September
UN says 270,000 refugees enter Bangladesh
GMT 11:35 2018 Friday ,05 January
Hirscher equals Tomba with 50th Alpine Ski World Cup win
GMT 09:40 2017 Sunday ,05 March
Actor Ezzat Abou Ouf reveals secrets of his career
GMT 13:15 2017 Friday ,29 December
Crown Prince meets US Chief of Naval Operations
GMT 06:56 2017 Friday ,16 June
Etisalat launches self-interactive eLifeGMT 09:03 2012 Saturday ,06 October
Foul-mouthed ColeGMT 10:08 2011 Tuesday ,02 August
Camp helps teens cope with terror attack lossesGMT 18:11 2011 Sunday ,07 August
Concerns ahead of S. Africa climate talks
GMT 05:24 2013 Saturday ,03 August
China Festival kicks off in Stockholm
GMT 09:27 2014 Sunday ,12 January
Newspaper urges privacy transparency balance in real estate registrationGMT 09:55 2013 Tuesday ,12 February
Arab Idol has been a turning point
GMT 08:34 2016 Monday ,05 September
String of blasts kill 18 across Syria
GMT 23:32 2017 Tuesday ,06 June
British police name two London attackers
GMT 07:28 2017 Tuesday ,12 September
IOF demolishes parts of Palestinian cemetery in Jerusalem
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor