Cadbury Plc on Tuesday rebuffed US-based Kraft Food's "derisory" takeover offer, citing "outstanding" financial performance in 2009 and reiterated that shareholder value will be maximised if it......
A majority of shareholders of the British confectioner Cadbury Plc have rejected the initial hostile takeover bid from Kraft Foods Inc. The American food major had made an over $10-billion......
Confectionery maker Cadbury, which has agreed to be acquired by US-based Kraft Foods, on Tuesday said India will remain a key market for its business. Kraft would takeover British confectioner......
The Kraft-Cadbury combine is likely to herald its presence in India with confectionery products. The reasons are evident. For one, this February, when shareholders of British candy maker Cadbury......
Kraft's $19.7-billion acquisition of Cadbury Plc pits the world's second-largest food company against its arch rival Nestle, the world's largest player in the organised food space, in a market like......