Kraft Foods has formalised its bid for UK confectioner Cadbury without sweetening the offer – turning the US food giant’s takeover attempt hostile. The Toblerone-to-Cote d’or chocolate...

Kraft Foods is reportedly preparing to formalise its original takeover proposal for UK confectioner Cadbury within a week, without increasing its offer price. In early September, Cadbury rejected an initial...

As the deadline for a takeover offer edges ever closer, expectations of a hostile bid for Cadbury from US manufacturer Kraft are growing stronger. UK authorities last month announced a November 9 deadline...

Lion Nathan will officially be delisted from the ASX at the close of business tomorrow. An employer of over 3,000 in Australia and New Zealand, Lion Nathan’s roots trace back to New Zealand with...

Kirin Holdings’ purchase of Lion Nathan was implemented today, ensuring the creation of the largest supplier of food and beverages to Australian supermarkets. Kirin’s operations in Australia...

Kirin Holdings has received approval from the Federal Court of Australia for their multi-billion dollar takeover of Australia’s second largest brewer, Lion Nathan. Japanese food and beverage conglomerate...

Cadbury is facing a lawsuit from one of their shareholders in the wake of their dismissive approach to the informal offer from Kraft. Steward International Enhanced Index Fund, a US mutual fund holding...

Speculation is mounting that Australia’s largest brewer could be the next takeover target as mass consolidation takes place in the global beverage sector. Foster’s has long been touted as a...

The UK Takeovers Panel has ruled that food manufacturer Kraft must make a binding proposal to Cadbury by November 9 or signal their intent not to bid. The decision was made after Cadbury representatives...

Confectioner Cadbury has said comments made by their CEO about the Kraft offer making strategic sense were “misconstrued” last week, with his discussion with investors not softening the view...