The Confectionery Manufacturers of Australasia this week ceased operating as a stand alone association to join the larger Ai Group (Australian Industry Group).Ai Group Chief Executive, Heather Ridout,...
Kraft Foods is reportedly preparing to formalise its original takeover proposal for UK confectioner Cadbury within a week, without increasing its offer price.
In early September, Cadbury rejected an initial...
As the deadline for a takeover offer edges ever closer, expectations of a hostile bid for Cadbury from US manufacturer Kraft are growing stronger.
UK authorities last month announced a November 9 deadline...
A strong third quarter result from UK confectioner Cadbury has placed pressure on Kraft to raise their non-binding offer, but doubts remain about the likelihood of a considerably higher bid given the lack...
Cadbury is facing a lawsuit from one of their shareholders in the wake of their dismissive approach to the informal offer from Kraft.
Steward International Enhanced Index Fund, a US mutual fund holding...
Confectioner Cadbury has said comments made by their CEO about the Kraft offer making strategic sense were “misconstrued” last week, with his discussion with investors not softening the view...
Cadbury Chief Executive Todd Stitzer has admitted there would be “some strategic sense” in a tie-up as Kraft and Cadbury set about embarking on talks with their own investors this week.
The...
Nestlé hopes to boost sales of its impulse lines by launching price-marked packs for a limited period in the UK.
The company has added GBP0.29 (A$0.57) price marks to Smarties, Hexatube, Milkybar, Milkybar...
Kraft Foods chairman and CEO Irene Rosenfeld has insisted the US food giant does not need to offload assets amid speculation over how the company would fund a second, higher bid for Cadbury.
Some industry...
The latest research from UK research firm Mintel has discovered the market for mints is suffering.
After seeing growth in the early part of this decade on the back of strong and sugar-free products, sales...
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