Bakeries have not been paid money they were due to receive from the government in early March.
25.03.2015
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News by
Ahram Online
Shareholders controlling 59.91 per cent of the company's shares had agreed to sell at 89.86 pounds per share, Bisco Misr said in a statement.
07.01.2015
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News by
Gulf Business
Abraaj did not give a reason for its withdrawal from the bidding process, but said the orderly and transparent process had underlined growing investor interest in Egypt.
01.01.2015
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News by
Gulf Business
Kellogg, the world's biggest breakfast cereal maker, has twice topped Abraaj's bids.
11.12.2014
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News by
Reuters
The UAE’s Al Ghurair Group has won approval from Egypt’s cabinet for the allocation of land for the construction of a new sugar factory in the Minya governorate in Upper Egypt.
08.12.2014
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News by
The National
The initial public offering (IPO) could value the food company at around 1.5 billion Egyptian pounds.
30.11.2014
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News by
Zawya
The bidding war is part of flurry of mergers and rights issues boosting activity on the Cairo bourse.
27.11.2014
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News by
Reuters
US multinational gets regulatory clearance to purchase Egyptian confectionery maker Bisco Misr.
26.11.2014
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News by
Ahram Online
Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday's statement.
25.11.2014
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News by
Gulf Business
Kellogg offered 79 Egyptian pounds ($11.05) a share, according to a statement from the Egyptian Financial Supervisory Authority to the local bourse.
21.11.2014
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News by
Crain's Detroit Business
The shareholders had agreed to sell provided that the formal offer came within two working days from Thursday.
03.11.2014
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News by
Ahram Online
Kellogg asked to conduct technical and financial studies of Bisco Misr, with an eye to acquiring at least 51 percent of its shares.
01.09.2014
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News by
Reuters
Kenya says that just packaging sugar from Brazil does not meet the rules of origin threshold.
20.08.2014
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News by
The East African
Government plans to raise its sugar production to two million tonnes from 1.1 million tonnes to meet demand for subsidised sugar.
05.08.2014
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News by
Ahram Online
Abraaj Investment Management has the intention of acquiring all of Bisco Misr's shares, with a minimum of a 51 percent stake.
13.07.2014
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News by
Ahram Online
The new plant in 6th of October City is a 65 million-Egyptian-pound ($9 million) extension to Nestle's existing dry goods factory.
25.06.2014
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News by
Reuters
