Kraft's disappointing third quarter has cast doubt over the future of any possible takeover move on UK confectioner Cadbury. The US food group delivered disappointing revenues and reduced its full-year organic growth targets, contrasting sharply with the strong third quarter Cadbury delivered last week. While Kraft's results have not left its expansion plans dead in the water, the US food group may have an uphill struggle to convince Cadbury shareholders and the market as a whole that its bid is viable, Katy Humphries contends.
COMMENT: Kraft weakness casts shadow of doubt over Cadbury deal
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 20 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Pleasure, fun and happiness in food marketing
- Guide: Meat companies with stakes in meat-free
- Finnebrogue founder Denis Lynn - interview
- Nestle's annual results - key takeaways
- Kraft Heinz FYs, guidance - what you need to know
News
- PepsiCo strikes D2C acquisition in China
- NPD - Marfrig, Nestle, Ginsters, Quorn, Ferrero
- Mondelez enters in-store bakery via M&A
- Arla Foods invests in exports to UK
- Germany's Frostkrone strikes UK M&A deal
Market research
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
