Kraft-cadbury
Cadbury PLC shareholders have approved Kraft Foods Inc.'s roughly $19.5 billion offer to acquire the British candy maker - the final step in creating the global food giant.
LONDON, UNITED KINGDOM (GaeaTimes.com)- Cadbury, a leading sweets and chocolate manufacturing company of the world has lost its independence after they accepted the deal with Kraft, one of the food giants of the United States.
LONDON - After months of fierce resistance, Cadbury's about-face to accept a sweetened 11.5 billion pound ($19.5 billion) takeover from Kraft Foods Inc.
LONDON - Kraft Foods Inc. says the board of Cadbury PLC has accepted and recommended to shareholders an improved takeover offer worth $18.9 billion.
LONDON - British candy maker Cadbury PLC on Tuesday accepted and recommended to shareholders Kraft's improved takeover offer worth $18.9 billion, potentially ending a months-long corporate battle to create the world's largest maker of chocolate and sweets.
