Kraft's pursuit of Cadbury - what the analysts now say
By: just-food.com | 10 November 2009
Two months after Kraft Foods made its first approach to Cadbury over a potential takeover of the UK confectioner and the US food giant's proposed bid has not changed. If anything, its now formal offer has dropped in value due to the fall in Kraft's share price. Here is how leading analysts in the sector see the state of play - with suggestions that the saga could last well into the New Year.
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Two months after Kraft Foods made its first approach to Cadbury over a potential takeover of the UK confectioner and the US food giant's proposed bid has not changed. If anything, its now formal offer has dropped in value due to the fall in Kraft's share price. Here is how leading analysts in the sector see the state of play - with suggestions that the saga could last well into the New Year.
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