Abraaj, which was headed by financier Arif Naqvi, went into liquidation in 2018
Kellogg’s latest bid, for 89.86 Egyptian pounds ($12.57) per share, followed an offer earlier by Abraaj for 88.09 pounds.
The region’s biggest investment firm leaves as the healthcare provider launches third biggest offering of the year.
Abraaj Capital founder and group CEO, Arif Naqvi, tells Alicia Buller about his hopes for the private equity sector.