Search results
Results from the WOW.Com Content Network
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 19 January 2010, it was announced that Cadbury and Kraft Foods had reached a deal and that Kraft would purchase Cadbury for £8.40 per share, valuing Cadbury at £11.5bn (US$18.9bn). Kraft, which issued a statement stating that the deal will create a "global confectionery leader", had to borrow £7 billion (US$11.5bn) in order to finance the ...
Lotte took over the plant in Warsaw along with the E Wedel brand. [80] Kandia was sold back to the Meinl family, which had owned the brand from 2003 to 2007. [81] On 4 August 2011, Kraft Foods announced it would be splitting into two companies beginning on 1 October 2012.
Kraft Foods' (KFT) latest bid to acquire Cadbury (CBY) isn't sufficiently sweet for the U.K. confectionery company to even consider. That's the latest word from a Cadbury official who called Kraft ...
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 ...
Kraft Foods (KFT) hopes to write a new and exciting chapter in its corporate history this year as it sets its sights on the global market for growth with the acquisition of
The new Mondelez would house the candy business, valued at $31 billion, bringing together global brands such as Cadbury (chocolates) and Ritz (cookies). Another company would keep the Kraft Foods logo and would be responsible for the current $17 billion relating to brands sold in U.S. supermarkets, such as Kraft cheeses. [2]
Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. ... US food company Kraft took over the brand in a controversial takeover in 2010, with ...