Cadbury Plc, the U.K. confectioner posts a strong 2009 profit and forecasting further progress in 2010. The U.K. chocolate maker reiterated its rejection of a 10.5 billion pound ($16.9 billion) takeover bid from Kraft Foods (KFT).
In its final defence document Cadbury said it had an outstanding 2009, with sales up 5% and a higher than [...]
Jan
12
2010
12
2010
Cadbury (NYSE:CBY) Posts Strong 2009 Profit
Jan
6
2010
6
2010
Kraft manages only 1.5% nod from of Cadbury
Amidst the entire hullabaloo, Kraft on Wednesday said that it has got positive response from only 1.52 per cent of Cadbury shareholders for buying stake in the company. The deal, which at present is valued at $16.8 billion and is expected to go up, is open till February 2.
The nod came from the shareholders holding [...]
Jan
6
2010
6
2010
Kraft failed to “craft” a deal with Cadbury….
Frozen Pizza giant Kraft tried to woo British Candy Company Cadbury with a fresh bid of taking over on Tuesday after cracking a sale deal of its U.S Frozen Pizza Nestle. Kraft Foods is doing this because of the desire expressed by some Cadbury security holders to have a greater proportion of the offer in [...]
Jan
6
2010
6
2010