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Hershey mulls $17 bln solo bid for Cadbury - source

Hershey mulls $17 bln solo bid for Cadbury - source

U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.

Porsche board okays merger contract with Volkswagen

Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all. (2:11 PM ET)

Boeing 787 flight on track for year end: executives

With the clock ticking toward a December 31 deadline, Boeing Co executives on Friday said the company is on schedule for the first test flight of its long-delayed and highly anticipated 787 Dreamliner. (2:04 PM ET)

Nomura Asset to suspend subscription of REIT fund

Nomura Asset Management said on Friday it will suspend new subscriptions of a popular U.S. REIT investment trust fund as heavy inflows from retail investors boosted its size beyond the appropriate level to manage the fund. (11:55 AM ET)

U.S. electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technology and battery-powered vehicles. (4:23 PM ET)

Ford to invest $2.3 bln to boost Brazil output

Ford Motor Co plans to invest 4 billion reais ($2.26 billion) in Brazil to boost output as record-low borrowing costs and a recovery in Latin America's largest economy stoke demand for new cars, Mark Fields, the company's president for the Americas, ... (2:21 PM ET)

Rothschild star and Buffett banker circle Cadbury

Akeel Sachak, global head of the consumer team at Rothschild, may get a seat at the table for this year's sweetest deal after all. (2:14 PM ET)

Earnings
KBC Hungary unit's Q3 drops, may hold IPO in 2011

Hungary's K&H Bank, the local unit of Belgium's KBC Group, said risk provisions rose and lending dropped sharply in the first th...

M&A
Boxes of Tide detergent, a Procter & Gamble product, sit on a shelf in a store in Alexandria

Procter & Gamble Co does not see acquisitions as a core part of its growth plan and has started to buy back shares again, Chief Fi...

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