News
Cadbury slams Kraft bid and business model

Sept. 17, 2009 – Cadbury has labelled Kraft “a low-growth conglomerate” in a letter restating its rejection of the food giant’s £10.2 billion (US$16.7 billion) takeover bid.

Sept. 17, 2009 – Cadbury has labelled Kraft “a low-growth conglomerate” in a letter restating its rejection of the food giant’s £10.2 billion (US$16.7 billion) takeover bid.

Kraft went public about its bid last week in an effort to “encourage and further” the acquisition process, and has followed up its offer with aggressive public comments. | READ MORE