confectioner

After months of resistance, Cadbury of Britain agreed to a takeover offer from the U.S food giant Kraft, worth about $19 billion, to create the world’s largest confectioner.

Kraft tentatively agreed to pay about $19 billion in cash and stock for the confectioner, people briefed on the matter said on Monday.

Nov. 23 -- Claudia Lenz, analyst at Bank Vontobel AG, talks with Bloomberg's Judith Bogner about a potential Nestle SA bid for British confectioner Cadbury Plc.

New York: US chocolate maker Hershey and Ferrero of Italy said yesterday they were mulling a potential counter-bid for British confectioner Cadbury, the object of a hostile offer from Kraft Foods.