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Kraft set to sweeten Cadbury offer, but unions fear a bitter ending

Keynsham : United Kingdom | 15 days ago  
Views: 13
  • Irene Rosenfeld, chairman and CEO of Kraft Foods, speaks during the World Business Forum in New York
    Irene Rosenfeld, chairman and CEO of Kraft Foods, speaks during the ...
    Source: Reuters
  • Kraft Foods Chief Executive Officer Irene Rosenfeld speaks at the "Initiative For Women Business" series in Toronto
    Kraft Foods Chief Executive Officer Irene Rosenfeld speaks at the "...
    Source: Reuters
  • Rosenfeld, Chairman and CEO of Kraft Foods, speaks during the Clinton Global Initiative in New York
    Rosenfeld, Chairman and CEO of Kraft Foods, speaks during the Clinton ...
    Source: Reuters
  • Rosenfeld, Chairman and CEO of Kraft Foods, and Sheeran, Executive Director of the World Food Programme, speak during the Clinton Global Initiative in New York
    Rosenfeld, Chairman and CEO of Kraft Foods, and Sheeran, Executive ...
    Source: Reuters
  • Former U.S. President Clinton shakes hands with Rosenfeld, chairman and CEO of Kraft Foods, at Clinton Global Initiative in New York
    Former U.S. President Clinton shakes hands with Rosenfeld, chairman ...
    Source: Reuters
  • Cadbury is the world's second biggest confectionery company
    Cadbury is the world's second biggest confectionery company
    Source: AFP
  • Chairman and CEO of Kraft Foods Rosenfeld stands onstage during the Clinton Global Initiative in New York
    Chairman and CEO of Kraft Foods Rosenfeld stands onstage during the ...
    Source: Reuters
  • Former U.S. President Clinton stands with Rosenfeld, chairman and CEO of Kraft Foods, at Clinton Global Initiative in New York
    Former U.S. President Clinton stands with Rosenfeld, chairman and CEO ...
    Source: Reuters
Irene Rosenfeld, chairman and CEO of Kraft Foods, speaks during the ...
The fate of Cadbury as a proudly independent confectioner, and the security of hundreds of jobs in the UK and Ireland, may hang on critical decisions taken this weekend by two towering figures in the stock-picking world: American billionaire investors Warren Buffett and
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News Stories
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  • News Source: The Scotsman | 14 days ago
    Kraft is expected go hostile with a near £10 billion bid for British confectionery group Cadbury today but the renewed approach is expected to fall well short of shareholders' expectations. One institutional shareholder in Cadbury, which rejected...
  • News Source: Times Online | 14 days ago
    Kraft, the American food company, is poised to initiate a hostile takeover bid for Cadbury today at or slightly above the offer it made in September, which valued the British confectioner at £10.2 billion, according to a person familiar with the...
  • News Source: Guardian Unlimited | 15 days ago
    The firm behind Dairy Milk, Jelly Babies and Bassett's Allsorts has for the past two months rejected Kraft's informal overtures, describing a proposed £10.2bn price tag for the British confectioner as "unappealing". Under stockmarket rules Kraft has...
  • News Source: Guardian Unlimited | 15 days ago
    The fate of Cadbury as a proudly independent confectioner, and the security of hundreds of jobs in the UK and Ireland, may hang on critical decisions taken this weekend by two towering figures in the stock-picking world: American billionaire...
Blogs
 >
  • Blog Source: draglobal.com
    Kraft May Have to Raise Cadbury Bid to Keep Takeover Alive, Investors Say November 8, 2009. By Duane D. Stanford Nov. 8 (Bloomberg) -- Kraft Foods Inc. , the world's second- largest food maker, may increase its 9.8 billion-pound ($16 billion) bid for
  • Blog Source: blogs.reuters.com
    That should give Kraft plenty of time to sweeten its offer to something starting with an eight - the 800p per share bar regarded by many as the minimum price needed to tempt Cadbury to the negotiating table. Kraft is expected to post ...
  • Blog Source: distressedmarketplace.com
    Kraft May Have to Raise Cadbury Bid to Keep Takeover Alive, Investors Say. by sasfunds on November 8, 2009. By Duane D. Stanford Nov. Read this article: Kraft May Have to Raise Cadbury Bid to Keep Takeover Alive, Investors Say ...
  • Blog Source: dealbook.blogs.nytimes.com
    Despite the charms Cadbury holds for Kraft's growth, the US food giant would still struggle to justify making a hostile bid higher than its current offer, Breakingviews argues.
  • Blog Source: wallstreetpit.com
    By our methodology, we think that Cadbury stock is worth about $45 based on current fundamentals, but the deal would certainly need to be sweetened beyond the $50-plus offer that was rejected. That means that this deal, ...
  • Blog Source: everythingwarrenbuffett.blogspot.com
    Cadbury shares have dropped 11p to 766p, the biggest faller in the leading index, as analysts questioned the prospects of a knock-out bid from predator Kraft after the US company reported disappointing results. ... We believe Kraft and Cadbury are
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  • JohnAByrne

    @JohnAByrne News meeting: We'll lead in the a.m. with "Kraft: Is Cadbury the Missing Ingredient?"

    13 days ago
  • davidjoachim

    @davidjoachim Kraft Makes a Hostile Takeover Bid for Cadbury http://tinyurl.com/ygo3w44 (@nytimes)

    13 days ago
  • si_jimtrotter

    @si_jimtrotter SI_JimTrotter: @Carlos_Herrera_ don't count on it. can't see the kraft family opening their arms to someone like larry.

    13 days ago
  • adanigelis

    @adanigelis The big cheese goes after chocolate: Kraft bids for Cadbury (via the NYT) http://bit.ly/2bFvbl

    13 days ago
  • tim

    @tim RT @financialtimes: Cadbury rejects Kraft's £9.8bn hostile bid http://bit.ly/2gIctr - “derisory” offer worth less now than 2 months ago

    13 days ago
  • idesk

    @idesk iDeskCNN: RT @CharlesHodsnCNN Candy wars: will they, won't they? Kraft expected to table a new bid for Cadbury. Join me for World Business Today CNN..

    14 days ago
  • reallisa

    @reallisa ZBo not bitter w/Clippers over trade: "What happened was they got the No. 1 pick. That's basketball. Me and the guy play the same position."

    15 days ago

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