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Kellogg closes deal to acquire 85.93% of Egyptian Co. for Foods

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Kellogg closes deal to acquire 85.93% of Egyptian Co. for Foods

Kellogg Co. on Jan. 11 closed its deal to acquire 85.93% of Egyptian Co. for Foods for a transaction value of $116.1 million.

The company offered $12.53 per share for the stake.

Ernst & Young UK investment banking arm was the financial adviser for Kellogg.