Cadbury Plc on Wednesday said it will give proper attention to any offer that gives a full value for the company, but until that happens it has nothing to comment upon further.
We're focused on delivering value to shareholders as a standalone pure-play confectioner, a Cadbury spokesman told Reuters.
However, we have always said that we would give proper consideration to any serious offer that delivers full value for the company. Unless and until we find ourselves in that situation we have nothing to comment upon, he added.
Earlier, Italy's Ferrero and U.S.-based Hershey said they were considering their options regarding a bid for Cadbury after Kraft launched a cash and shares $16.8 billion hostile bid last week for the British confectioner.