Cadburys and Kraft
The chocolate making company Cadbury have been approached by a number of companies for a possible takeover and have thereafter raised their forecast for sales and profitability.
Recently, Kraft, the American food giant, gave a hostile bid of £10bn which Cadbury have disagreed with. They say that Krafts existing offer considerably undervalues Cadbury.
Since the approach from Kraft, Cadburys share prices have rocketed up significantly.
Cadburys and Kraft
Recently, Kraft, the American food giant, gave a hostile bid of £10bn which Cadbury have disagreed with. They say that Krafts existing offer considerably undervalues Cadbury.
Since the approach from Kraft, Cadburys share prices have rocketed up significantly.
Cadburys and Kraft
