Media should highlight true success stories to attract investments, says Abraaj Group managing director
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Abraaj Group is a lead investor in the new deal for the application-based car service provider
Approval comes after New York stock market-listed firm Kellogg recently acquired 85.93% stakes in Bisco Misr
Banque Misr, which has 7% shares in Bisco Misr, refuses to give out information regarding decision to sell until 11 January
Abraaj Group originally wanted to acquire at least 51% stake of Bisco Misr shares as per July announcement
The company also announced Sunday its intention to acquire 100% of shares of Bisco Misr Company.
Spoiled foodstuffs stall deal after many complaints from consumers and raids of Spinneys branches in City Stars, Mall of Arabia, and Hurghada