Blog: Kraft's Cadbury bid wake-up call
Dean Best | 7 September 2009
Wowzer. There is nothing like the smell of a good story in the morning. Kraft's announcement that it has bid for Cadbury meant those Monday morning blues quickly vanished.
However, after Cadbury's rebuttal and swift announcement of its own, it's clear that Kraft's hard work will continue well past midday and into the days and weeks ahead.
A revised bid is very likely as Kraft seeks to win over a determined Cadbury board. If it wishes to remain independent, the UK confectioner will have some hard work of its own in demonstrating that it does not need to join forces with Kraft to grow and generate value for investors.
just-food is en route to London's Olympia for the unveiling of a new sustainability initiative for the global chocolate supply chain. Something, however, tells me the chatter will be less about the ethics of cocoa sourcing and more about the boardroom battle for one of the world's most renowned chocolate brands.
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....
Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....
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