Kraft sweetens Cadbury offer
Cadbury's acceptance of Kraft Foods' takeover bid raised eyebrows yesterday (19 January) not least because of the UK confectioner's fierce criticism of the US food giant's business and management. Dean Best argues that, despite the Dairy Milk maker insisting Kraft's higher offer is "good value" for the company's investors, Cadbury's board was presiding over a business worth much more.
COMMENT: Cadbury's sweet surrender leaves bitter taste
20 January 2010
Cadbury's acceptance of Kraft Foods' takeover bid raised eyebrows yesterday (19 January) not least because of the UK confectioner's fierce criticism of the US food giant's business and management. Dean Best argues that, despite the Dairy Milk maker insisting Kraft's higher offer is "good value" for the company's investors, Cadbury's board was presiding over a business worth much more.
Sadness over Cadbury isn't wrapped up in the Union Jack
22 January 2010
It's hard to describe the affection with which Cadbury is held by the UK public to those looking in from abroad. Continental Europeans, in particular, don't hold much respect for British chocolate,...
US/UK: Hershey backs out of Cadbury race
22 January 2010
US chocolate maker Hershey has - as was widely expected - ruled itself out of the running to buy UK rival Cadbury.
Can Kraft capitalise on sweet Cadbury deal?
19 January 2010
After a five-month siege, Kraft Foods today (19 January) all but won the highly-publicised battle for Cadbury, turning its hostile approach friendly and securing the support of the UK confectioner's board by sweetening its takeover bid. As the dust settles, Kraft claims the combined entity will benefit from US$675m in annual synergies, improved global distribution and a stronger presence in multiple retail channels. However, concerns linger over the company's debt levels and the impact this will have on investment. Katy Humphries reports.
UPDATE 2: UK: Kraft dismisses UK job concern
19 January 2010
Kraft Foods has dismissed concerns that its proposed acquisition of Cadbury will result in job cuts or site closures in the UK.
UPDATE 3: UK: Kraft hails 'win-win' Cadbury deal
19 January 2010
Kraft Foods today (19 January) indicated that its planned acquisition of UK confectioner Cadbury represents a win-win situation for both the US food giant and Cadbury brands.
UPDATE: UK: Cadbury union dismayed by Kraft deal
19 January 2010
Kraft Foods' success in winning over the Cadbury board with a higher takeover bid for the 180-year-old confectioner marks a "very sad day” for UK manufacturing, Unite the union has claimed.
UK: Cadbury to be taken over by Kraft Foods
19 January 2010
Cadbury looks set to be taken over by Kraft Foods after the UK confectioner's board approved an increased offer from the US food giant this morning (19 January).
1 January 1900
Browse more hot issues
27 Jan 2010 -
25 Jan 2010 -
Currently reading -
Kraft sweetens Cadbury offer
13 Jan 2010 -
8 Jan 2010 -
