Cadbury launches defense against Kraft offer

Courtesy Newsvine - business  Mon, 12/14/2009 - 03:56

Cadbury PLC revealed Monday it has received approaches from rival suitors to Kraft Foods Inc. as the British candymaker launched a robust defense against the U.S. company's attempts to buy it "on the cheap" with a 9.8 billion pound ($16.3 billion) hostile bid.

Tags:

 

Related items

Kraft still faces 'significant concerns' in U.K. over...
British lawmakers said Monday they still have "significant concerns" about the takeover of chocolate maker Cadbury by Kraft Foods Inc.

Kraft Foods 1Q income down on acquisition costs
Kraft Foods Inc.'s first-quarter net income dropped due to costs related to its acquisition of Cadbury, but its adjusted profit rose and beat expectations.

Kraft takes offer to Cadbury shareholders
Northfield-based Kraft Foods Inc. says it has taken its $16.3 billion share-and-cash offer for Cadbury PLC to the British company's shareholders.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com