UAE's Abraaj seeks to raise bid for Bisco Misr in last-ditch effort to beat Kellogg

CAIRO, Dec 24 (Reuters) - UAE's Abraaj Investment Management is seeking regulatory approval to raise its bid for Egypt's Bisco Misr to 88.09 Egyptian pounds a share, aiming to top a rival bid by Kellogg Co. as the deadline for the takeover of the snackmaker loomed.