Ads
related to: when did kraft buy cadbury chocolate
Search results
Results from the WOW.Com Content Network
On January 19, 2010, Kraft sealed the deal to buy 100% of the share capital of Cadbury for over $19 billion. [89] [90] On March 17, 2010, Kraft Foods said it was "truly sorry" over its closure of a Cadbury factory in Somerdale. Senior Kraft executive Marc Firestone made the public apology to MPs at a parliamentary select committee hearing. [91]
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 ...
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 ...
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 ]
For premium support please call: 800-290-4726 more ways to reach us
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 ...
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 ]
For premium support please call: 800-290-4726 more ways to reach us
Ads
related to: when did kraft buy cadbury chocolate