CADBURY

Cadbury CEO's comments draw UK scrutiny--FT

Britain's takeover watchdog is reviewing private comments by Cadbury Plc's chief about the company's valuation amid a potential takeover by Kraft Foods Inc, saying Todd Stitzer had stoked uncertainty in the market, the Financial Times reported.

Cadbury sees sense in Kraft deal: conference note

Cadbury Plc Chief Executive Officer Todd Stitzer detailed potential benefits from a takeover by Kraft Foods Inc and discussed valuations with investors in comments that could set the stage for talks between the British confectioner and the world's No. 2 food company.

Cadbury CEO says past deals beat Kraft offer: note

Cadbury Chief Executive Todd Stitzer noted that past deals in the industry have been agreed at higher multiples than that implied by the offer from Kraft, according to a Bank of America/Merrill Lynch note obtained by Reuters.

Kraft and Cadbury CEOs brief investors on bid battle

Kraft and Cadbury CEOs are meeting their investors to seek support in a bid battle after the British confectioner asked the UK Takeover Panel to set a time limit to Kraft's 9.8 billion pound ($16 billion) offer.

Cadbury CEO admits some synergies with Kraft-WSJ

The head of chocolate maker Cadbury PLC, which is facing a possible takeover by U.S. food giant Kraft Foods Inc, said there were some complementary elements in the two companies' portfolios, according to a Wall Street Journal report.

Kraft may need 850-900p to swallow Cadbury

U.S. food giant Kraft could raise its bid 20 percent up to 12.3 billion pounds ($20.1 billion) to seal a takeover deal for Britain's Cadbury without losing a key investment grade rating on its debt.

Hershey Trust consults Buffett banker on Cadbury-WSJ

The trust that holds voting control of candy maker Hershey Co has hired Warren Buffett's favorite banker to advise it on a possible bid for British chocolatier Cadbury, the Wall Street Journal reported on Thursday.

Kraft: No need to sell assets for Cadbury bid

Kraft Foods Inc does not need to sell operations like Oscar Mayer hot dogs, Maxwell House coffee or any of its other brands to afford its $16 billion bid for British confectioner Cadbury , Kraft said on Tuesday.

Pages

IBTimes Logo

Kraft may sell assets to raise Cadbury cash: report

U.S. food company Kraft Foods might sell assets like Maxwell House and Oscar Mayer to finance its planned acquisition of British confectioner Cadbury , the New York Post reported, citing sources familiar with the matter.
IBTimes Logo

Kraft CEO plans further deal talk with Cadbury

Kraft Foods, North America's biggest food group, plans to hold talks in coming weeks with British bid target Cadbury that may lead to a new bid offer for the global No.2 candy and chocolate maker.
IBTimes Logo

Cadbury steps up defense, Q3 seen brought forward

British bid target Cadbury is set to beef up its defense against Kraft this week as CEO Todd Stitzer addresses investors and it ponders an early third-quarter update, analysts and fund managers said.
IBTimes Logo

Cadbury chairman Carr says Kraft bid unappetising

Cadbury turned up the heat in its defence against a takeover from Kraft as its Chairman Roger Carr said it was an unappealing prospect being absorbed into Kraft's low growth conglomerate business model.
IBTimes Logo

Cadbury chairman Carr says Kraft bid unappetizing

Cadbury turned up the heat in its defense against a takeover from Kraft as its Chairman Roger Carr said it was an unappealing prospect being absorbed into Kraft's low growth conglomerate business model.
IBTimes Logo

Cadbury chairman Carr says Kraft bid unappealing

Cadbury turned up the heat in its defense against a takeover bid from Kraft on Saturday as its Chairman Roger Carr said it was an unappealing prospect being absorbed into Kraft's low growth conglomerate business model.
EDITOR'S PICK