Cadbury’s Australian employees are cautious after the takeover by USÂ manufacturing giant, Kraft, although there are high hopes that job cuts will not eventuate.
Last night, the confectioner’s...
The Federal Court of Australia has today blocked the demerger of the building materials and sugar group CSR.
CSR had been hoping the Court would approve their plans for a shareholder vote on a separation...
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...
Dairy co-operative Murray Goulburn has announced itself as one of the suitors for the ASX-listed Warrnambool Cheese and Butter as they look at their options after seeing their proposal rejected.
WCB reported...
Italian confectioner Ferrero has ruled out a late takeover rival bid for Cadbury, formally declaring itself out of the race for the Dairy Milk maker.
The announcement to the City this morning (25 January)...
CSR Limited has said they still intend to proceed with their demerger following meetings with China’s Bright Food about a possible takeover of their sugar and renewable energy business.
The company,...
Hershey has advised that they will not make a bid for Cadbury in light of the revised Kraft offer that surprisingly gained the British confectioner’s support last week.
Talks between Kraft’s...
As UK consumers throw their arms up in despair at Kraft’s takeover of a British icon, we take a look at the impact of the $21 billion deal in Australia…
Market power
Kraft and Cadbury are...
Kraft Foods’ largest shareholder Warren Buffett has labelled the company’s proposed acquisition of Cadbury a “bad deal” in a withering attack on US television.
Billionaire Buffett,...
Kraft Foods and Cadbury have reached an amicable takeover agreement overnight that is now only pending shareholder approval in the absence of a counterbid from potential suitor Hershey.
In a change of...
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