Kraft Foods admits that Cadbury, which it bought for £11.5 billion last year, had produced "disappointing" results as chewing gum sales stalled... more
Kraft issues a public apology for raising hopes that a doomed Cadbury factory could be saved and issues a two-year guarantee on jobs after a grilling by MPs... more
City comment: As it looks like Cadbury will pass into the hands of a most unsuitable American owner, the least we can do is ask whether we have made it impossible for a British company to defend itself against a hostile bid... more
There were some tired but happy heads in the City on Tuesday morning. They’d been up all night negotiating the sale of Cadbury to Kraft. They’d earned their fees. All £240 million of them... more
Profile: So, what’s she like, the new first lady of Cadbury, the chocolate-maker’s new boss, Irene Rosenfeld? Charming, for sure, but also reserved and steely hard. And, boy, is she competitive... more
In the end, Roger Carr, the Cadbury chairman, had no choice. He may feel satisfied that he persuaded Kraft to raise its offer from 745p to today's 840p but deep down there has to be the realisation that the Americans have got the British chocolate-maker for a song... more
Cadbury comment: To hear the way chairman Roger Carr mouthed off against the Kraft takeover you could be forgiven for believing Cadbury would be sold to the Yanks only over his dead body... more
The takeover of Cadbury by US food giant Kraft is inevitably being seen as a tragedy for a British business whose brands hold happy associations for many... more
The future of Cadbury is in the balance as Kraft and Hershey put the finishing touches to rival takeover offers for the maker of Dairy Milk chocolate... more
Cadbury shares fall sharply after an intervention by investor Warren Buffett, bringing them to less than one per cent above Kraft’s £10.4 billion takeover bid... more
Any chocolate-lover knows that the American version is much sweeter than the bars on the shelves of our British corner shops, but despite Kraft’s latest tweak to its takeover offer for Cadbury, the deal still does not look sweet enough to lure investors... more
Kraft Foods, the US processed food giant which is trying to take over Cadbury, moved to beef up its board in an attempt to add credibility to its bid... more
Afternoon:
8°c
