The Australian Securities Exchange has requested information from dairy firm Warrnambool Cheese and Butter Factory as to why they withheld news of the unsolicited takeover offer from the public domain.
WCB...
Warrnambool Cheese and Butter Factory has reiterated their lack of interest in the current takeover offer before them as rumours swirl as to the identity of the mystery bidder.
The company received an...
US chocolate giant Hershey has been in contact with Nestle over a possible joint bid for Cadbury, according to the latest reports on the ongoing saga.
An offer between the two could challenge the hostile...
Victorian-based dairy firm Warrnambool Cheese and Butter Factory (WCB) has received an unsolicited confidential takeover proposal.
The company said they would resist the current offer, believing it not...
UK-based confectioner Cadbury has informed investors that they will make their formal response to the Kraft takeover bid next Monday.
Last Friday Kraft sent out details of the A$18.2 billion proposal to...
Kraft Foods has posted its formal offer to Cadbury shareholders starting the clock ticking for potential counterbidders.
The bid, which values the British confectioner at A$18.2 billion, has been labelled...
Nestle could buy back the Kit-Kat and Rolo brands in the US from Hershey, giving the US chocolate giant the power to fund a combination with Cadbury, according to one industry analyst.
“We believe...
Kraft Foods remains the favourite to buy Cadbury, a leading industry analyst claimed today (1 December) even if US chocolate maker Hershey tables a bid for the Dairy Milk maker.
Andrew Wood, senior research...
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...
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