Cadbury lays out its defence

Cadbury this afternoon (15 December) attacked predator Kraft Foods after the US food giant claimed the Dairy Milk maker was opening its shareholders to "significant risk".

UPDATE: US/UK: Kraft has "run out of ideas" - Cadbury

15 December 2009

Cadbury this afternoon (15 December) attacked predator Kraft Foods after the US food giant claimed the Dairy Milk maker was opening its shareholders to "significant risk".

US: Kraft derides "significant risk" in Cadbury defence

15 December 2009

Kraft Foods has this morning (15 December) hit back at Cadbury's defence against the US food giant's hostile takeover bid, with the Milka chocolate maker claiming the UK firm's investors are leaving themselves open to "significant risk".

UPDATE 2: UK: Give us value and we'll talk, Cadbury tells suitors

14 December 2009

Cadbury chairman Roger Carr said this afternoon (14 December) that the UK confectioner, which is facing a hostile takeover bid from Kraft Foods, had received other approaches - but insisted the company would only enter takeover talks if it received a compelling offer.

UK: Cadbury issues defence against Kraft takeover

14 December 2009

Cadbury, the UK confectioner, has this morning (14 December) outlined its case for independence, urging shareholders to reject the advances of hostile suitor Kraft Foods and to stick with a business that has "exceptional growth opportunities".