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Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
On September 7, 2009, Kraft made a hostile £10.2 billion takeover bid for the British confectionery group Cadbury, makers of Dairy Milk and Bournville chocolate. [14] On November 9, the company's bid (then £9.8 billion) was rejected by Cadbury, which called it a "derisory" offer. [ 15 ]
The deal also saw Premier take the license for production of Cadbury brand biscuits and drinking chocolate. [23] In 1988, Cadbury US was sold to Hershey for $300 million. [24] In 1986, Schweppes switched its alliance in the UK from Pepsi to Coca-Cola, taking a 51 percent stake in the joint venture Coca-Cola Schweppes. [23]
On Monday, the board of Cadbury PLC (CBY) accepted a $19.4 billion buyout offer from American conglomerate Kraft Foods (KFT). As the smoke clears from that momentous decision -- not to mention the ...
Kraft Foods (KFT) will soon become a $50 billion powerhouse when it completes its merger with the British confectionary company Cadbury (CBY). And on Tuesday morning, when Kraft releases its ...
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Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (spun off from Kraft Foods) since 2010. It is the second-largest confectionery brand in the world, after Mars . [ 3 ]
Green & Black's is a British chocolate company founded in 1991. The company produces a range of organic food [1] products, including: chocolate bars, ice cream, biscuits and hot chocolate. Green & Black's was bought by Cadbury in 2005, and later became part of Mondelēz International (formerly known as Kraft Foods). It has principal ...
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