Kraft Foods has defended its takeover of Cadbury – and the sale of its US frozen food business that helped fund the deal – after criticism from major shareholder Warren Buffett.
The US food...
The European Consumers Association (BEUC) yesterday (27 April) insisted that a pledge to stop advertising junk food to children under the age of 12 throughout the EU needs to go further.
Five European...
Cadbury is studying the possible launch of a “cocoa house” concept that would see it establish branded outlets that compete with high street coffee shops in the UK.
The company, which was...
UK politicians are demanding Kraft Foods’ future undertakings on Cadbury are monitored closely after criticising the way the US food giant handled its takeover of the UK chocolate maker.
In a report...
Kraft Foods announced its intention to reduce the salt content of its North American products by an average of 10% over the next two years.
“We are reducing sodium because it’s good for consumers,...
Kraft Foods is reportedly facing a fresh probe over its decision to close Cadbury’s Somerdale chocolate factory in the south-west of England.The news comes on the same day that Cadbury shares were...
The Chairman, CEO and CFO of UK-based confectioner Cadbury have all announced their intention to resign in the wake of Kraft’s successful takeover offer.
The Board of Cadbury had been vehemently...
Cadbury’s Australian employees are cautious after the takeover by US manufacturing giant, Kraft, although there are high hopes that job cuts will not eventuate.
Last night, the confectioner’s...
Kraft has overcome the final challenge in wresting control of iconic British firm Cadbury, with the majority of the confectioner’s shareholders voting in favour of the A$21 billion takeover.
“Kraft...
The world’s largest food group, Nestlé, is expected by analysts to look at the prospect of acquiring Hershey in the years ahead as they see themselves fall down the confectionery pecking order.
The...
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