UPDATE 1-Kellogg outbids Abraaj for third time in race for Egypt's Bisco
December 18, 2014 at 04:15 AM EST
CAIRO, Dec 18 (Reuters) - Breakfast cereal maker Kellogg Co has again raised its bid for Egyptian snack maker Bisco Misr, outbidding private equity group Abraaj for the third time and snatching the lead in a $140 million takeover battle.