Sources close to the ongoing Kraft-Cadbury takeover saga have reported that the two parties may come to an amicable agreement, something that would come as a shock given Cadbury’s obvious disapproval...
Bright Food Group is looking to engage the CSR Board in discussions this week about their non-binding takeover offer.
Shanghai-based Bright made public a $1.5 billion offer for the sugar business of CSR...
CSR has today advised their shareholders that an assessment of the non-binding offer from China’s Bright Food Group has resulted in them dismissing the proposal.
“CSR Limited has considered...
Hershey, the US chocolate maker rumoured to be preparing a solo bid for Cadbury, needs to pay a “serious price” to acquire the company, the UK confectioner’s chairman insisted today (14...
As speculation of other bidders entering the fray mounts, CSR is pushing on with demerger plans in the wake of a $1.5 billion informal offer from Bright Food this week.
CSR last night advised that discussions...
UK-based confectioner Cadbury, the subject of a hostile takeover bid from Kraft, has reported their 2009 financial figures overnight, saying revenue growth and margin expansion came in “well ahead...
The latest speculation suggests American confectionery company Hershey will be a late entry into the race for Cadbury, presenting competition to Kraft’s hostile proposal.
According to the Financial...
In its second response statement to the Kraft takeover bid, confectioner Cadbury had continued to criticise the offer, arguing that it’s even more unattractive now than when it was made.
The UK-based...
Chinese food processor Bright Food has approached Australia’s largest sugar firm regarding the possibility of a takeover.
Bright said in a statement today that they had approached the ASX-listed...
Dutch brewer Heineken is set to expand their global operations with the purchase of one of the largest beer businesses in Latin America.
The company will buy the beer division of Mexico-based Fomento Económico...
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