Unite, the leading union in the food industry, overnight advised that it is growing increasingly concerned that US-based manufacturer Kraft will pay for its bid for Cadbury with extensive job losses in...
Cadbury has repeated that its board will look to get the best value for the UK confectioner’s shareholders after CEO Todd Stitzer praised potential bidder Hershey over the weekend.
In an interview...
The Vegemite cream cheese spin-off has yet to hit shelves under its new name almost two months after the public voted to name the product Cheesybite, but Kraft has dismissed claims that slow sales are...
The Hershey Trust, the controlling shareholder of the US chocolate maker, has reportedly asked law makers in Pennsylvania to allow the company to potentially bid for Cadbury.
According to the Wall Street...
UK union bosses representing workers at Cadbury have held “constructive” talks with US food giant Kraft Foods today (25 November) following the company’s hostile takeover bid for the...
Cadbury has emphasised that value remains the key factor in any takeover bid for the UK confectioner after a weekend of growing speculation over the future of the business.Over the weekend, reports claimed...
Speculation is mounting that Nestlé will enter the race for Cadbury as Hershey looks to make an initial offer and Kraft considers raising theirs – which has been lambasted by Cadbury as “derisory”.
Swiss-based...
US chocolate giant Hershey and Italian chocolatier Ferrero have confirmed their interest in buying UK confectioner Cadbury.
In separate statements to the London Stock Exchange this morning (18 November),...
The rumour mill over Cadbury was in overdrive overnight, with reports of merger talks and the possibility of a new bidder entering the fray.
Ever since Kraft announced their non-binding offer for Cadbury...
Kraft Chief Executive Irene Rosenfeld is happy to play the waiting game before launching a late increase to the value of their Cadbury bid, according to news reports.
Analysts believe the current offer...
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